Fianna Fail senator and former chairman of Kilbeggan racecourse Paul Daly is confident key amendments will be made to the Gambling Regulation Bill before it comes into force and believes “incidental advertising” like signage will be permitted under the legislation.

The controversial bill, which has been in the report stage in the Dail since July 12 where amendments arising out of the committee stage are being considered, paves the way for the introduction of a watershed that prevents gambling advertising between 5.30am-9pm, which Racing TV and Sky Sports Racing have warned will render their racing coverage in Ireland “economically unviable”.

Daly is a senator in Longford-Westmeath.