Betting shares wobble as UK threatens to extend ban on football sponsorship

Loophole that permits foreign gambling firms to advertise on English and Scottish football teams' shirts is likely to be scrapped

West Ham United is sponsored by Malta-based gambling company Betway.

Britain could ban foreign betting firms from being shirt sponsors of British football teams by closing a legal loophole as part of its gambling law reform.

The loophole that allows foreign betting firms to advertise on English and Scottish football teams’ shirts and pitchside hoardings is likely to be scrapped as part of UK government plans to reduce gambling’s hold on the game.