Day: 5 January 2022

Gambling Operator 888 UK Avoids ASA’s Regulatory Action over Two Ads Allegedly Targeting Underage Individuals

Wed 5 Jan 2022 10.19 Olivia Cole
Gambling Operator 888 UK Avoids ASA’s Regulatory Action over Two Ads Allegedly Targeting Underage Individuals

The UK division of 888 Holdings avoided sanctions from the Advertising Standards Authority (ASA) after the British advertising regulator decided not to uphold two issues raised in association with targeting underage individuals and encouraging them to gamble. Two individuals filed complaints against 2 videos – called “I Was Youtubers TAXI driver for 24 hours” and “$10,000 YOUTUBER POKER CHALLENGE”, respectively – uploaded on Callum Airey’s YouTube channel, which currently has a large audience of young people. The complainants challenged whether the ads for a 888 UK gambling application, which were…

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UK Government and Regulators Called to Adopt Stricter Regulation on Crypto Assets and NFTs Due to Similarities to Gambling

Wed 5 Jan 2022 6.04 Daniel Williams
UK Government and Regulators Called to Adopt Stricter Regulation on Crypto Assets and NFTs Due to Similarities to Gambling

Campaigners and Members of Parliament are calling for British Ministers and regulatory bodies to adopt a stricter approach on the promotion of crypto assets in the UK, highlighting some similarities to gambling and its possible negative consequences, especially for young people. Currently, Ministers are considering whether to impose a regulatory crackdown on new digital investment opportunities, including cryptocurrencies and non-fungible tokens (NFTs) later this year. They have taken into account the increasing warnings that such operations could be dangerous to young people, who are usually considered more vulnerable to negative…

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