people and we think that the white paper, and we know that the white paper will help us to deliver that. labour and the lib dems criticised the failure to curb gambling advertising in sport. 0ne betting firm said the reforms will cost them £100 million. but as the share prices of the betting companies remain steady today, campaigners believe the odds were stacked in the industry s favour. katie russell, bbc news. gervais williams is head of equities at the investment manager premier miton here in london. first, spot lost tobacco and alcohol. how reliant as a sports industry on gambling? i think it is actually quite entwined with gambling, particularly online gambling, during games for example. actually of course the sponsorship is a big part of revenue as well for sports, and thatis revenue as well for sports, and that is an important part of it. , ., ~ that is an important part of it. do you think the group has in any way it. do you think the group has in any way weakened? - it. do
katie, tell us more. that s ri . ht. katie, tell us more. that s right. so. katie, tell us more. that s right. so, we katie, tell us more. that s right. so, we have - katie, tell us more. that s right. so, we have seen i katie, tell us more. that s| right. so, we have seen for example snap shares have been done almost 20% in after hours trading and that is of the back of a disappointing revenue result in the first three months of this year. it was not that far off what analysts had expected but revenue was down about 7% and internal forecast from the company suggested we might see the same for the current three months that we are in. one of the problems it seems is their advertising platform. they have been rejigging it. they say it is going to make it better in the future. we heard it from the ceo of the company who said they are laying the foundations but a small number of the larger advertisers on snap say they are seeing less click through as a result. what has hurt snap s reve
i turn it back on again. - is huge. i turn it off and then i turn it back on again. jeff. i turn it back on again. jeff is one of i turn it back on again. jeff is one of the i turn it back on again. jeff is one of the first - i turn it back on again. jeff is one of the first people to use the q1 is one of the first people to use the 01 which is being trialled in cambridge where staff admit patients have been surprised by the results. i think it was a surprise to me as well think it was a surprise to me as well which is why we are trying as well which is why we are trying in as well which is why we are trying in inpatients because it has such trying in inpatients because it has such a quick effect and a lot of has such a quick effect and a lot of the has such a quick effect and a lot of the drugs that people need lot of the drugs that people need to lot of the drugs that people need to take to treat the conditions have a lot of side effects. conditions have a lot of side-
and regulations we have in this country and you will get companies who will bombard you with marketing. coming to your smartphone all the time, impulse buying, and using that technology to actually market advertise what they called the heavy spenders, sometimes called the vips, there can be abuses in terms of that. i think in the uk we get a lot of bad press about gambling but we have to realise when it comes the internet you are only as strong as your weakest link and if there are hundreds of gambling sites out there both legal and illegal not operating under british rules, those companies could be using abusive techniques to draw people in to take every last penny out of the punters. the global anule is penny out of the punters. the global angle is very penny out of the punters. the global angle is very interesting. penny out of the punters. the global angle is very interesting. katie, i angle is very interesting. katie, they are game changers. it seems bizarre we haven t they
coral. katie russell is here as well. nick, good morning. was it the internet or at the phone with you? the internet or at the phone with ou? ., ., ~ , the internet or at the phone with ou? , you? both. it makes it so accessible. you? both. it makes it so accessible. no you? both. it makes it so accessible. no matter- you? both. it makes it so i accessible. no matter where you? both. it makes it so - accessible. no matter where you you? both. it makes it so accessible. no matter where you are, whether accessible. no matter where you are, whether at accessible. no matter where you are, whether at home or out socialising, it is the whether at home or out socialising, it is the instant hit you need when you are it is the instant hit you need when you are addicted, you can get it straightaway and there is no barrier to it, straightaway and there is no barrier to it. it straightaway and there is no barrier to it. itjust straightaway and there is no barrier to it, itju