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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’.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’. “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....
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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.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. 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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