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UK’s ASA unhappy over animated slots and fibbing tipsters
The Advertising Standards Authority (ASA) of the UK has nailed online gambling operator Coral for running casino games that are specially designed to attract kids.
The country’s ad watch dog upheld a trio of complaints about Coral Interactive’s promotion of slots titles that a complainant (presumably the Campaign for Fairer Gambling) alleged were “likely to be of particular appeal to children.”
Three such products were promoted on the Coral.co.uk site on February 20: Rainbow Riches, Fishin’ Frenzy and Lucky Wizard. These products featured animated images of leprechauns, swimming fish and wizards, respectively.
Coral, now part of GVC Holdings’ family of gambling brands, argued that the animated figures weren’t excessively cartoonish, didn’t specifically resemble characters from any animated films and generally weren’t over the top. As a result, Coral maintains that there was no indication that the images would have more appeal for children than for over-18s.
But the ASA found the leprechaun’s face “highly stylized with a large nose, intensely flushed cheeks, big pointy ears and had a big smile showing his large teeth.” The fish was depicted “in a cute child-like manner,” while the wizard featured “a large podgy nose, exaggerated cheekbones and had a thick colorful ginger beard with a long mustache with slightly curled tips.” Bottom line: ASA 3, Coral 0.
Three weeks ago, the ASA spanked a trio of sites on similar grounds, demonstrating its willingness to enforce the “no kid-friendly games” edict in the joint letter the ASA issued last October with other UK regulatory agencies.
LIES, DAMNED LIES AND TIPSTERS’ SUCCESS CLAIMS
The ASA’s second trip to the woodshed this week had to do with betting tipsters Isiris Racing Services. A complainant found fault with a Racing Post ad last October that made the astonishing claim of Isiris customers enjoying “a successful return on over 90%” of some 55 wagers made “in the past 6 months or so.”
The complainant was none other than Lord Lipsey, a member of the Starting Price Regulatory Commission, but in this instance Lipsey was acting in a personal capacity. Lipsey called bullshit on Isiris’ claim of having correctly picked 50 of 55 bets and that all of these bets “are proofed to the Racing Post before racing as evidence that these claims are 100% genuine.”
In response, Isiris provided the ASA with a spreadsheet detailing their wagering activity, but the spreadsheet “included many more bets than 55, and a number of them appeared to include multiple bets within one line.” Furthermore, “a significant number appeared to show losses, and no combination of bets from 6 April appeared to show 50 wins out of 55 bets.”
Isiris also failed to produce any evidence that the ads had been proofed “following a robust system that had been approved and regularly monitored.” The ASA therefore ordered Isiris “not to claim success rates for their bets” unless they could provide the necessary evidence.
Source: CalvinAyre.com
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Tis the season to give back to players with supersized weekly races, massive ticket drops, and the return of the Mini Online Super Series
ACR Poker is kicking off the holiday season in style, officially crowning December as Player Appreciation Month and celebrating its community with $500,000 in giveaways, offering something for every type of player.
Throughout December, ACR Poker’s biggest weekly races – The Beast, Sit & Crush, and Blitz Beast – are getting a serious glow-up as part of Player Appreciation Month. Each week from Saturday, November 29th to Friday, January 2nd, the prizes will be supersized. There will also be a sleigh-load of free tournament tickets dropped throughout December, giving players more chances to score big without spending a dime.
And starting Wednesday, December 17th, the Mini Online Super Series (MOSS) returns to close out Player Appreciation Month. There will be a full schedule of events with buy-ins from $0 to $109 and massive guarantees offered, with the full details released soon.
“I love that ACR is turning the whole month into one big holiday party and giving players a little extra cheer,” said ACR Pro Chris Moneymaker. “Giving back to the players who make this community is a great way to wrap up the year. Alongside supersized races, ticket giveaways and the Mini Online Super Series, players should also keep an eye out for something big from ACR on December 9th during WSOP Paradise. Stay tuned.”
Whether players are grinding tournaments, splashing in cash games, or simply logging in for some holiday fun, December is shaping up to be the most wonderful time of the year at ACR Poker.
For more information about Player Appreciation Month, visit ACRPoker.eu.
The post ACR POKER CROWNS DECEMBER ‘PLAYER APPRECIATION MONTH’ WITH $500,000 IN GIVEAWAYS appeared first on European Gaming Industry News.
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The post INTRALOT Announces Nine Month 2025 Financial Results appeared first on European Gaming Industry News.
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The Board of Kambi Group plc has decided to again exercise the buyback mandate which was received at the Extraordinary General Meeting on 18 June 2025 to initiate a share repurchase programme with a total value of SEK 100 million (€9m) which will run until 20 May 2026.
In line with its capital allocation strategy and empowered by the mandate received at Kambi’s Extraordinary General Meeting on 18 June 2025 (EGM) the board of directors (Board) of Kambi Group plc (Kambi) has today initiated a share repurchase programmes with a total value of SEK 100 million (€9m).
The programme will run from the date of this announcement until 20 May 2026 and shares acquired will be cancelled at a future date. The maximum number of shares that may be acquired is 1,672,887, and the aggregate purchase price for such acquisitions shall not exceed SEK 100 million (€9m). The aggregate number of shares that may be acquired under the mandate received at Kambi’s EGM is 2,990,362, which is equivalent to 10% of Kambi’s total issued shares at the time of the EGM resolution.
The buyback programme will be carried out in accordance with the Maltese Companies Act (chapter 386 of the laws of Malta), the Nasdaq First North Growth Market Rulebook for Issuers of Shares, the EU Market Abuse Regulation (EU No 596/2014) (MAR), and Commission Delegated Regulation (EU) 2016/1052 (the Safe Harbour Regulation). The share buyback programme is intended to benefit from the share buyback safe harbour provisions set out in MAR. To this end Kambi has entered into an agreement with Carnegie Investment Bank AB (Carnegie) to execute the buyback programmes and conduct the share repurchases on Kambi’s behalf.
The acquisition of shares shall take place on one or several occasions on Nasdaq First North Growth market in Stockholm (Nasdaq First North) and Carnegie will make its trading decisions in relation to Kambi’s shares independently of and without influence by Kambi. Payments for the shares are to be made in cash.
The programme will be effected in compliance with the trading conditions set out in article 3 of the Safe Harbour Regulation. In particular, Kambi shall not, on any single trading day, purchase more than 25% of the average daily share turnover on Nasdaq First North. The average daily share turnover is calculated on the basis of the average daily trading volume during the twenty trading days preceding the respective purchase date. In addition, share repurchases under each programme shall:
- not be made at a price higher than the price of the last independent trade or (should this be higher) higher than the current highest independent purchase bid on Nasdaq First North,
- be made at a price per share within the price interval recorded on Nasdaq First North at any given time, i.e. the interval between the highest buying price and the lowest selling price, and
- not exceed or fall below the maximum and minimum ranges set out in the EGM resolution.
At the time of this announcement, the total number of issued shares in Kambi is 29,903,619. Kambi currently holds 2,193,675 of its own shares from prior buyback programmes which will be cancelled on or shortly after 1 December and 400,000 shares held to satisfy Kambi’s future obligations arising from its employee share option programmes.
Information on completed buybacks will be publicly disclosed in accordance with Safe Harbour Regulation and will also be available on the company’s website, kambi.com.
The post Kambi initiates share repurchase programme with a value of SEK 100 million appeared first on European Gaming Industry News.
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