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Via a Tuesday press release, the Curacao-licensed crypto-currency platform stated that it raised approximately million courtesy of a four-month token sale while its new back-end system is being supplied by Jersey-headquartered online instant-win and lottery games innovator Twelve40. “Our new guidance takes account of the best available evidence to strengthen the protections already in place, ensuring that gambling is presented responsibly, minimizing the potential for harm.The Daily Telegraph newspaper reported that the new regulations from the Committees of Advertising Practice are to furthermore make clear that any advertised ‘money-back’ promotion must be for cash doubledown casino account qzxmrather than a bonus while all ‘risk-free’ offers must explicitly involve the consumer incurring no financial loss....


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The BBC reported that the updated rules are to be utilized by the Advertising Standards Authority when considering complaints or levying fines and will additionally place further restrictions on adverts that prey on players’ self-esteem or financial concerns. The Committees of Advertising Practice purportedly explained that it moreover intends to limit adverts that promote repetitive play or recklessly suggest ‘risk-free’ deposits. The Committees of Advertising Practice purportedly explained that it moreover intends to limit adverts that promote repetitive play or recklessly suggest ‘risk-free’ deposits....


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Wild Crypto stated that its launch is ‘set to disrupt the global lottery and iGaming sectors’ as its inaugural lottery draw offered an ultimate jackpot of one million Wild tokens while it intends to ‘guarantee an open and honest experience’ by publishing all of the results of its games to the blockchain.f-insured jackpots.“We won’t tolerate gambling ads that exploit people’s vulnerabilities or play fast and loose with eye-catching free bet and bonus offers,” reportedly read a statement from Shahriar Coupal, Director for the Committees of Advertising Practice....


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The BBC reported that the announcement of the new rules comes in the wake of this week’s decision by the Gambling Commission regulator to levy a 8,600 fine against ElectraWorks Limited after seven of the prominent online casino operator’s websites were found to have breached existing rules on the promotion of ‘free bonuses’.However, the biggest change is reportedly set to involve the advertising of ‘free bets’ as the Committees of Advertising Practice is to immediately enforce a provision that will require all licensed online casino and sportsbetting operators to prominently list these offers’ specific terms and conditions. As an example, The Daily Telegraph used a current advert from bookmaker Ladbrokes that purportedly promises all new online players an ‘up to £50 free bet’ although a spokesperson for the watchdog told the newspaper that this offer does not make clear that this is a ‘matched bet’....


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