According to academics, industry self-regulation "completely fails."

According to a study conducted by researchers from the University of Bristol, the self-regulation of advertising during the initial weekend of the English Premier League season has been deemed a complete failure. The university's business school scholars examined the coverage across television, radio, and social media platforms over a four-day period from August 11th to August 14th. Their findings illustrated that a staggering 92% of the 391 content marketing advertisements from gambling companies violated advertising regulations, as they did not sufficiently disclose their true nature.
 
The effectiveness of self-regulation relies on various factors, encompassing the particular industry at hand, the specific regulatory structure established, and the extent to which companies are willing to comply with self-imposed standards.
 
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