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William Trentini, Chief Executive officer for Wild Crypto, described the new platform as ‘the first major blockchain gaming product to launch’ before declaring that the innovation ‘marks the beginning of a significant shift in our sector’.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.In addition, the newspaper reported that the updated rules will stipulate that all ‘matched bets’ offers should treat stake limitations as a significant condition that is advertised upfront....
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.The broadcaster reported that the fresh regulations are set to include an outright ban on the phrase ‘bet now’ while also instituting stricter restrictions on the advertising of special offers for all United Kingdom-licensed online casinos and sportsbetting sites during live events such as football matches.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....
MaChance is set to offer an irresistible gaming experience, complete with fun themes.f-insured jackpots.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....
The Committees of Advertising Practice purportedly explained that it moreover intends to limit adverts that promote repetitive play or recklessly suggest ‘risk-free’ deposits. A great bonus scheme has been added to give players access to unprecedented win options.“By delivering a secure and transparent gaming platform built upon pioneering blockchain technology, we have a unique opportunity to reach demographics of players who do not currently engage with existing lottery and iGaming products,” read a statement from Trentini....
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’.“By delivering a secure and transparent gaming platform built upon pioneering blockchain technology, we have a unique opportunity to reach demographics of players who do not currently engage with existing lottery and iGaming products,” read a statement from Trentini.MaChance is set to offer an irresistible gaming experience, complete with fun themes....