UK Gambling Operators Face Criticism for Leaving Problem Gambler Spend £1.3 Million of Misappropriated Funds as Bets

UK Gambling Operators Face Criticism for Leaving Problem Gambler Spend £1.3 Million of Misappropriated Funds as Bets

Gambling operators won £1.3 million in stolen funds from a problem gambler without making sure where the funds came from. The revelations once again fuelled concerns about whether the gambling firm’ due diligence to players who lose large amounts of money on their services. The beginning of the week saw a Norwich crown court sentenced the 44-year-old Andy May to four years in jail for fraud after the man confessed that he used to misappropriate funds from the company he worked at. As reported by The Guardian, Mr May siphoned…

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ASA Dismisses Complaint over Controversial Ladbrokes’ Ad on Facebook

ASA Dismisses Complaint over Controversial Ladbrokes’ Ad on Facebook

The British bookmaker Ladbrokes managed to avoid getting punished over a controversial advert by the country’s advertising regulator. A complaint was filed to the Advertising Standards Authority (ASA) by a person who saw a paid-for Facebook post for the gambling operator on March 31st, 2021. The ad encouraged potential customers to play “the Goonies Jpk” at Ladbrokes and offered an incentive of more than 30 free spins after customers placed a £50 bet. The complainant considered that the advert made a reference to the film “The Goonies”, which was why…

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