News Formal

Safa wants betting companies to start paying for their products

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Acting Safa CEO Russell Paul says the football governing body approached the government about changing the law so that sporting bodies and government can also benefit.

CAPE TOWN - The South African Football Association is seeking a share of the revenue of private betting operators who take punts on the football governing body’s products.The football body was in Parliament this week to table a proposal to change legislation that could see betting companies pay sporting bodies an “integrity or product fee” to take bets placed on certain matches or events.In the last six years, the sports betting industry in South Africa has grown by 450% or R39.7 billion.

Acting Safa CEO Russell Paul has told Eyewitness News the football governing body spends between R4 million and R6 million to stage a single international football match, while betting companies are making money off their products.“Without the sport, they can’t bet. How can they use the sporting properties without providing support to those controlling bodies?”Paul says Safa approached the government about changing the law so that sporting bodies and government can also benefit.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 30. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Safa to target betting companies to pay 'fair share'Safa believes it should receive a fair share from these companies who conduct betting on Safa events.
Källa: ewnupdates - 🏆 30. / 53 Läs mer »