Dafabet Ban – Financial expert Dr Dan Plumley does not believe a ban on gambling sponsorship in Scotland will be implemented soon.
With Celtic currently having Dafbet as their main sponsor, Guru believes the club will continue to benefit from the partnership unless a ban is imposed – something Plumlee believes is unlikely to happen at this time.
Dafabet Ban
The Hoops secured their ‘biggest ever’ sponsorship deal in 2018 when they agreed a seven-year extension with the betting company.
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As quoted by Inside World Football last week, Voys has now signed a contract with William Hill, which will operate gambling kiosks around Parkhead.
In England, there is increasing pressure on clubs to refrain from committing to gambling partners, which it is said would lead to a ban, but Plumley does not believe such a move will be taken north of the border.
“I think a ban is unlikely in the short and medium term. There seems to be no real interest in this at government level
“When that happens, clubs will look to cash in wherever possible. The deal gives Celtic a way to make extra money in this market
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“In light of this particular deal, it will be interesting to see if Selter is linked to Painter’s share count.
“We’ve seen it with iFollow with the UK and the gambling transactions behind it. It’s an interesting side story. “
As Finance Guru points out, these deals from the pitch are likely to be profitable for the club
Ange Postecoglou, as relayed by The Celtic Way, claims that the club’s January transfer plans have been ‘blown out of proportion’, which is certainly an encouraging sign for the team considering how they claimed last season’s title in the winter.
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Matt O’Reilly, Rio Hattet and Dejan Maeda were among those who made it through the middle stages, and those at Lennoxtown will be hoping for a similar find this time around.
While the specific impact of the current deal on the Hoops’ transfer activity is unknown, it seems likely that this massive level of transfers is made possible by deals like this.
And if William Hill’s partnership with Celtic continues in the Scottish game, Plumley’s claims suggest the negatives will outweigh the negatives for the club. Around 200 website domains related to illegal online gambling services and Chinese loan apps have been banned. All overseas companies operate this platform without permission
So far, the government has taken several steps to prevent these sites from promoting themselves. The I&B Ministry has also directed OTT, TV and other media platforms to refrain from advertising or promoting overseas gambling companies.
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MeitY has begun banning a number of websites in response to a notification from the Ministry of Home Affairs, taking note of the rapid development of the online gaming sector and the use of replacement websites and domain switching by overseas gambling companies.
The website not only promotes gambling but is also alleged to be a means of running money laundering and fraud schemes. Many of these websites run multiple domains to bypass restrictions and may take time to block completely
Several websites like Mahadev Books, Ledger Books, Ambani Books and NamoBook 247 are missing from the list of banned sites. But most likely it will be added
Many overseas betting sites such as Dafabet, Betway, 1xBet and Lotus365 entered the Indian market during the Covid-19 lockdown and continued to operate even after being blocked using alternate sites. This website is not registered in India and does not have any office in the country Therefore, they are not liable to pay taxes
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According to CBI investigations, Dafabet.com is an online sports betting and gambling outlet operating in Makati, Philippines. It operated using a surrogate website in India called Daphanage to redirect unsuspecting users to their betting website. The company was one of the sponsors of Bengaluru FC from 2018-19
During the CBI investigation, directors of Betru Ecom Solutions, a Delhi-based company, were arrested for their involvement in illegal sports betting with the help of Dafabet’s surrogate subsidiary, Dafasport.
In documents filed with the Registrar of Companies and Banks, the CBI found transactions worth crores disguised as online shoe transactions during IPL 2019.
Betway is another offshore gambling site that promotes itself heavily. In December last year, the company became the main sponsor of the South African T20 Cricket League, SA20.
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400 overseas websites were also fined £400,000 by the UK Gambling Commission in September 2022 for promoting gambling to minors. The incidents occurred at the site between April 2020 and November 2021, while the director of the Gambling Commission said at the time that all breaches of regulations would be taken seriously.
1xBet is an online gambling service based in Cyprus Like most offshore gambling sites, the company is registered in a tax haven
Many former professional cricketers are sponsored by the company through its replacement brand ‘1xBat’. Companies use Shadow Network to conduct business in India and other countries Many company operators have been arrested around the world, but this has not affected their operations at all.
The company was declared bankrupt by the Dutch Supreme Court last month. However, there seems to be no impact on the company’s operations. Not only are they operating illegally in India but also in other neighboring countries like Bangladesh, they are also promoting betting websites on the Basundhara Group’s private television channel, T Sports.
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The company openly advertises its illegal betting services through various media Lotus365 started printing media advertisements after the I&B Ministry issued a strict appeal to OTT and cable TV operators not to promote gambling.
Recently, a full-page advertisement promoting her brand appeared in the Sunday edition of The Times of India newspaper with popular actors like Nawazuddin Siddiqui, Kajal Aggarwal and Urbasi Rautela.
In January, management staff of Lotus 656565 and an advertising agency were booked by the Hyderabad Police for promoting the Telangana Gaming Act, 1974 at a TSRTC bus stop.
All leading offshore gambling websites and their domains were previously blocked by MeitY in October 2022 under the IT Act of 2000, but they are back using different domains.
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According to the All India Gaming Federation (AIGF), a skill gaming body, these websites cost around Rs. 3500 crores per year for advertising on various platforms and spend another Rs 500 crores on celebrity endorsements for their surrogate brands
List of 138 currently blocked websites and their alternative domains