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UK: Betting firms to stop ‘unfair’ promotions

 |  February 1, 2018

Betting firms Ladbrokes, William Hill, and PT Entertainment have agreed to change online games promotions after pressure from the regulator. The Competition and Markets Authority (CMA) said gamblers must be able to cash out when they want, and not have to play more to release winnings.

According to The Telegraph the CMA said that “gambling firms must now stop unfair online promotions that trap players’ money”.

The CMA had launched an investigation in 2016 into whether the US$4.7 billion online gambling sector was breaking consumer protection law through the promotions.

The offers were designed to attract players to casino-like gaming websites, such as roulette and poker, by giving bonus funds when players put in their own money.

Leading betting firms Ladbrokes, William Hill and PT Entertainment have now agreed to change the promotions.

Full Content: The Telegraph

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