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Ladbrokes Banner ad deemed misleading

Banner ad deemed misleading and breached CAP Code
The UK Advertising Standards Authority (ASA) has sanctioned Ladbrokes for a banner ad that appeared on
The promotion which offered "UP TO £500! IN FREE BETS ON LADBROKES EXCHANGE" and hyperlinked to loaded terms and conditions, had the complainant wondering whether the ad was misleading and if participants were be treated fairly and honourably as he/she understood that in order to obtain £500 in free bets, customers must have won a minimum of £38,500.
Ladbrokes confirmed that the complainant was correct in their understanding that, in order to obtain £500 of free bets, customers must have paid £1,925 in commission to Ladbrokes on their winning bets, which, at a commission rate of 5 percent, meant they would have had to have won £38,500.
While Ladbrokes adhered to the code regarding terms and conditions being one click away, the ASA ruled because the terms and conditions did not make clear the significant extent of the monetary commitment that was entailed in qualifying for each £25 of free bets, the offer was in breach of the Code and ruled it may not appear again in its current form.

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Gambling News :

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

NYX Gaming Group Expanding in Italy - NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.

Interwetten Q3 2016 Report - In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.

Evolution Gaming Q3 2016 Report - Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.

Ladbrokes Donates to Gamcare’s new Youth Program - UK gaming firm Ladbrokes has pledged GBP 180,000 to Gamcare’s new Youth Program over 2016 and 2017, following a visit by chief executive officer, Jim Mullen.

Dragonz Slot Launches - #Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.

Mecca Launch Instant Win Games - IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.

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