The chief executive of Australia’s largest listed media company, Nine Entertainment, does not expect the Albanese government will bring in a full ban on online wagering advertising, despite a parliamentary inquiry recommending one.

Mike Sneesby, who leads the company that owns the Nine Network, radio stations 2GB and 3AW, streaming platform Stan and news publishers like The Age, The Sydney Morning Herald and The Australian Financial Review, said it was clear the government had found gambling advertising to be a “complex situation”.