Irish crisis hits reputation of high street banks

first_imgTuesday 23 November 2010 8:51 pm Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm As the news continues to be dominated by tales of Ireland’s financial woes it seems that all high street financial institutions are being made to suffer. Two tracking metrics produced by YouGov BrandIndex demonstrate a significant correlation between widely publicised financial crises and significant downturns in the public perception of the high street banks and savings sector.BAILOUT?HITS?HIGH STREETIn the wake of the current bailout crisis the overall BrandIndex “Index” score for the high street banking and savings sector – which combines six measures of brand health including value, reputation and likelihood to recommend – fell to a low of -0.4 on 19 November in comparison to a summer high of 2 in August, though there has been limited recovery since. GREEK?DEBT KNOCKED INDEXThis mirrors a trend seen back in April when the Greek bailout crisis dominated the news and the index score reached a low of -0.8.Moreover, the BrandIndex “Quality” score, which gives a more direct sense of how the public rates the performance of a brand irrespective of its price, and which gives insight into how people think the high street finance firms are performing at their job, has also suffered substantially. From a summer high of 2.8 at the end of August, the “quality” score fell to 0 on the 22 November.When broken down further, the BrandIndex scores also demonstrate a significant London/UK divide, with current scores amongst Londoners on the 19 November being 3.6 and 0.9 for “quality” and “index” respectively in contrast to 0.4 and -0.4 for the rest of the UK – indicative perhaps of the greater numbers of Londoners working in finance. UK?POPULATION IMPATIENTOpinion seems to be polarising, with the larger portion of the UK population growing short of patience with the financial industry and judging all by the travails of some.Stephan Shakespeare is co-founder and chief executive of YouGov. Irish crisis hits reputation of high street banks KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proofcenter_img whatsapp whatsapp Tags: NULL Show Comments ▼last_img read more

Cuts and taxes still a concern

first_img KCS-content Tags: NULL Show Comments ▼ whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldcenter_img THE fiscal austerity measures are a concern for most households, yet people are reluctant to actively respond to the tougher times, it was revealed yesterday.In a survey conducted for the Bank of England, the “vast majority” were concerned about higher taxes and government cuts. Just 10 per cent said they will be unaffected.Yet only 18 per cent say they will save more money, and only 14 per cent are working longer hours.Government sector workers were equally unlikely to respond, despite being vulnerable to the cutbacks. Sunday 12 December 2010 10:48 pm Share Cuts and taxes still a concern More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comlast_img read more

Industrial output growth slows

first_imgThursday 13 January 2011 5:04 am Share Show Comments ▼ John Dunne Industrial output growth slows whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute whatsapp Industrial output grew at its slowest annual pace since July in November, dragged down by continued weakness in the oil and gas sector and despite ongoing strength in manufacturing, official data showed.Industrial output rose 0.4 per cent on the month after October’s 0.1 per cent decline. However, that was a smaller rebound than the 0.6 per cent analysts had expected. Annual industrial output growth slowed to 3.3 per cent from 3.5 per cent in October.Manufacturing output grew slightly faster than forecast, matching October’s monthly rate of 0.6 per cent which was the strongest since March.The strong manufacturing figures chime with recent industry surveys showing growth in the sector at a 16-year high at the end of 2010, and will not alter expectations the Bank of England will keep interest rates at a record low of 0.5 per cent.Recent strong price data, however, has raised expectations that a UK rate rise is possible before the summer, and markets have shifted to price in two quarter-point rate hikes by the end of the year.The ONS figures showed that oil and gas output fell for a second consecutive month, dropping 0.7 per cent. On the year, output in the sector was down 8.8 per cent, its biggest annual drop since July.Within manufacturing, car production was up strongly in line with the big increase in car exports shown in Wednesday’s November trade data. Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Tags: NULLlast_img read more

Hyundai bullish as sales surge

first_imgThursday 27 January 2011 7:23 pm Share whatsapp whatsapp KCS-content More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comcenter_img HYUNDAI Motors reported a record quarterly profit yesterday, with a 48 per cent jump in October to December net profit to 1.4 trillion won (£814.7m).The record profit and upbeat forecasts show the automaker may succeed in fending off rising competition by focusing on new cars, newer markets and its brand image.Hyundai’s runaway sales gains during the global financial crisis were driven by a focus on improving quality and the image of the cars. Its sales volume has jumped 40 per cent over the past three years. Tags: NULL Hyundai bullish as sales surge by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼last_img read more

Hays UK dip offset by overseas boost

first_img whatsapp whatsapp Hays UK dip offset by overseas boost Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap RECRUITMENT group Hays yesterday posted a 16 per cent jump in net fees, led by its strong international business, and said its outlook was positive in nearly all markets outside of the struggling UK public sector.Hays, which specialises in placing office workers such as accountants and secretaries, said it had seen excellent growth in continental Europe, South America and Asia for the third quarter to the end of March.The FTSE 250 listed company generates nearly two thirds of its business from outside the UK.In the UK, an 18 per cent rise in net fees in the private sector – boosted by construction and IT businesses – contrasted with a 37 per cent drop in the public sector, which has been hit by cuts. Hays finance director Paul Venables said: “I think in the [UK] public sector and in our business I would expect to see the next two years to be bumbling along the bottom, so we don’t expect to see growth.”He said that public sector authorities have not been replacing people and candidate confidence has been so low that people have not been moving jobs.“Overall we are about 50 per cent down [from peak levels], but if you look outside of the frontline services of education and healthcare we are about 65 per cent down.”Hays said the combined impact of the natural disasters in Australia, New Zealand and Japan was estimated to have reduced group net fee growth by one per cent this quarter. Tags: NULL Show Comments ▼ Share Thursday 7 April 2011 8:00 pm KCS-content last_img read more

NetEnt lands interactive gaming licence in Pennsylvania

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Pennsylvania Email Address Topics: Legal & compliance Tags: Online Gambling Legal & compliance Swedish casino games developer NetEnt has been awarded an interactive gaming manufacturer conditional licence by the Pennsylvania Gaming Control Board (PGCB).The new licence will enable NetEnt to deliver its portfolio of online games in the state’s regulated market.NetEnt already has deals in place with a number of customers in Pennsylvania in advance of the state launching its regulated igaming market.Parx Casino, controlled by Greenwood Gaming and Entertainment, brokered a deal with the developer last month. An agreement is also in place with casino giant Penn National Gaming, with NetEnt’s games set to be available on Penn Interactive’s Hollywood Casino website.“We are very pleased to be in the first round of approved vendors to conduct online gaming in Pennsylvania; this fits well with our strategy to be live with our products at the first day of market opening,” NetEnt Americas managing director, Erik Nyman, said.Pennsylvania has already passed laws to legalise online gaming in the state, but the PGCB is yet to announce a formal market opening date.It had been had previously been expected that online betting and gaming would launch in Pennsylvania in the first quarter of this year, after an anticipated launch at the end of 2018 was put back.Last month, NetEnt’s Nyman told iGamingBusiness.com he was hopeful that the regulated Pennsylvania market would open “sometime during Q2”.Confirmation of the Pennsylvania licence comes after NetEnt last month was also awarded a permanent Casino Service Industry Enterprise licence by the New Jersey Division of Gaming Enforcement (NJDGE).NetEnt has been active in New Jersey since 2015 via a transactional waiver while its full licence application was reviewed by the NJDGE, but the new licence now cements its place in the state’s regulated market.Image: S.MacMillen 14th March 2019 | By contenteditor Swedish casino games developer NetEnt has been awarded an interactive gaming manufacturer conditional licence by the Pennsylvania Gaming Control Board (PGCB). Subscribe to the iGaming newsletter NetEnt lands interactive gaming licence in Pennsylvanialast_img read more

Rolling with the punches

first_img Rolling with the punches Tags: Mobile Online Gambling 13th August 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter In GambingStartup.Ventures’ latest dispatch from the start-up frontline, Jonny Robb discusses how start-up founders quickly become used to operating at extremes. What may appear to be a precarious moment in a business’ development can quickly seem just another obstacle to be conquered. In GambingStartup.Ventures’ latest dispatch from the start-up frontline, Jonny Robb discusses how start-up founders quickly become used to operating at extremes. What may appear to be a precarious moment in a business’ development can quickly seem just another obstacle to be conquered.I recently met a start-up founder at a conference who casually explained how she’d raised £600,000 but the business wasn’t performing and the end of the runway was fast approaching. She said this calmly in passing, like it was some kind of a side note to the general humdrum of her day.It reminded me of a founder friend who runs a brilliant, but at times precariously balanced, digital agency. More than once he’s confided in me that if their latest pitch doesn’t land, he’s not sure where he’ll find £80,000 to pay his upcoming wage bill. Muttered between casual sips of his pint.Incredible, I thought. How on earth do these people sleep at night?That’s the funny thing about running a start-up, though, there’s only so long you can remain aghast at what lies ahead before you do the only thing you can – anything that moves you forward. When under pressure, faced with an obstacle, it’s quite remarkable how resilient and creative you’re forced to be.The longer you’re in the start-
up game, however, the more you recognise that when one door closes, as cataclysmic as it might seem at the time, other doors inevitably open. These doors can lead to fantastic places, and once you venture through them, your skin becomes that bit thicker and your sleep that bit deeper.This month we caught up with some of our start-ups in GamblingStartup.Ventures to find out what doors have been opening for them.First up is SkillCorner with their live match visualisation product that’s powered by Computer Vision and AI video tracking.“Our live ball tracking has improved considerably over the past few months and we are now close to 96% accuracy, including 3D ball trajectories,” explains head of business development and operations Morgan Jacquin. “We’ve also progressed the automatic detection of performance data such as ball possession, which we should have incorporated into our live match product later this year.”This is something we at Bettor Faster UX are excited to play with and take to our clients. Being able to connect real- time player stats to slick, low bandwidth visualisations presents some really exciting, unexplored UX opportunities for in-play.“On the business side, we are proud to have reached an agreement with a leading Premier League club to provide them with raw tracking data to help them with player scouting,” Jacquin adds.
“It’s the latest sign that SkillCorner is on the right track to revolutionise football data collection with fast, accurate and previously unavailable tracking data.”Next we caught up with Ukraine-based Fireswan, the guys behind a new mobile-focused automated betting strategy product, whose app is evolving at an impressive pace.“Currently we’re working on our killer feature – backtesting comparison,” says co-founder Max. “In the near future, our users will be able to follow a strategy knowing how it performed last season and if current performance correlates with it.“We expect return on investment (ROI) to be increasingly more predictable in the next version of our app too.”Like many of our start-ups, Fireswan is seeking investment and has been out there treading the boards.“The lesson we’re learning is that every investor wants to see how your product will hit mass market, how easy it is to use and what value it brings,” Max explains. “My advice to every start-up is to be flexible and accept the feedback. It is not easy when your product is criticised, but this is the way to success.”Wise words and a lesson many start- ups quickly learn. You’ll meet every type of person from those who tell you to stop wasting your time to those who visibly buzz from your vision.New to GamblingStartup.Ventures, we welcome Lotto Punto who remind us that there’s a whole world of unrealised opportunities out there beyond Europe and America.
“Colombia has a love-hate relationship with cash and paper-based transactions fueled by a deep distrust of internet payments and high online fees,” points out founder Victor Espinosa.Victor is using this to his advantage to create the first network of patent- pending IoT lottery vending machines installed in high footfall suburban areas. But he’s not content with stopping at gambling.“If Mariana wants to pay her electricity bill she has to take a one-hour bus ride into the city centre, then queue for an hour and a half, before riding the bus back home,” laments Victor.“Bringing an unbanked population into the internet economy in Latin America is a tough challenge. In addition to lottery, we will generate cross-selling with
mass consumption virtual products and banking services such as prepaid cell phone time and bill payments.”With 15 state lotteries onboard and ambitions to sell over USD $132 million via 5,000 Lotto Punto machines over the next five years, he is now seeking $500,000 investment to make it a reality.Closer to home in East London Tech City (aka Silicon Roundabout) we have the Wager team. Elliott and Leo, like us, are pinning their vision of the future on social betting by building an app to let you bet against your friends.“We are well aware that we are not the first to the party here,” explains co-founder Elliott Robinson. “Many start-ups have tried this and failed. Flutter.com in 2001 was too early (pre-mobile, pre- social networks). More recent attempts have neglected odds and required offline payments.”But perceptions are now changing. “Sky’s Group Bet feature allows friends to create and place bets together,” Robinson tells me. “But these bets are ultimately still placed against faceless institutions.”Going after a youth market, he explains, “Millennials check their phones around 150 times a day. On a weekend filled with live sport, I’d wager it’s double that.And therein, he believes, lies a golden opportunity with a new generation of bettorBettor Faster UX and Bet Blocks Messenger founders Jonny Robb and Nilesh Mistry have established GamblingStartup.Ventures, in a bid to connect early-stage gambling businesses around the world.center_img Topics: Casino & games Lottery People Sports betting Strategy Tech & innovation Subscribe to the iGaming newsletter Email Address Casino & gameslast_img read more

Fortune Frog by RTG Slots

first_img Topics: Casino & games Slots Subscribe to the iGaming newsletter Fortune Frogs with Cascading Wins! Find Gems in the Jungle! Fortune Frog is a 20-Fixed-Line game played on a special 3×5 game grid with Cascading Wins and special exploding Frog Bomb symbols that can create further potential wins. Fortune Frog by RTG Slots Casino & games Fortune Frogs with Cascading Wins! Find Gems in the Jungle!In the rainforest, you can hear them, but seeing them? Rare. Fortune Frog. They reveal the treasures of the jungle, jewels, and gems, and deliver “Frog Bombs” that count down three-two-one–zero, across spins, before exploding into more jewels over the 20-line honeycomb-shaped reels. You’ll come to love those Bombs! Match five jewels to win, then new symbols will cascade for another chance. Try Fortune Frogs, it’s a unique and fun take on slots.Fortune Frog is a 20-Fixed-Line game played on a special 3×5 game grid with Cascading Wins and special exploding Frog Bomb symbols that can create further potential wins.You can play a demo of this slot here! 17th December 2019 | By Aaron Noy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

ASA bans “misleading” and “irresponsible” betting system ad

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The UK’s advertising standards authority has upheld three complaints against a website advertising a system for online casino bets, two for misleading and unsubstantiated claims and one for advertising gambling irresponsibly.The website, MakeLifeIncome.com, owned by tipster Paul Coleman, featured text including the statements: “I’ll Teach You How To Make £50-£100 or more a Day”; “No Work…No Hassle…No Risk”; “make £60 in the first hour” and “a system that’s guaranteed to pay” among other claims suggesting the system advertised could be a substitute normal income and was risk-free.In addition, tet on the site said the system “takes advantage of a glitch in the way online casinos work”, that it was unique and that it only applied to online casino games.A complainant challenged the ad on three grounds.The first claim was that the claims the system was “no-risk” and the profits mentioned were misleading and unsubstantiated, while the second argued that claims the system was unique, developed by Coleman and would only work in online casinos were also misleading and unsubstantiated.A third claim argued the ad was socially irresponsible because it suggested gambling could replace traditional sources of income.In response, Coleman said the ad was “designed to generate interest in an opportunity to make money from roulette and was based on his experience of using a system that he had developed”.In addition, Coleman said that “most of the feedback he received” from clients said that they had earned money by using his system. In addition, he said that he “could not be responsible” for clients who did not follow the rules correctly.Coleman added that the web page featuring the ad would be removed and the system would no longer be on sale. The website in question continues to advertise Coleman’s tipster services for horse racing and football on its other pages.The ASA upheld all three complaints. On the complaint regarding guaranteed profits, it said Coleman “had not provided any evidence to demonstrate that any users of the system had been successful and achieved profits”.“We concluded that the claims for the system’s success and profitability had not been substantiated and were therefore misleading,” it said.On the claim that the system was unique, the ASA said Coleman “had not provided any evidence to demonstrate how his system worked, how it differed from other gambling systems or how the method was exclusively designed for non-traditional casinos”. As such it ruled this claim to be misleading as well.When it came to the claim that the ad promoted irresponsible behaviour, the ASA pointed to the CAP code, which says advertisers must not suggest that gambling can be a solution to financial concerns, an alternative to employment or a way to achieve financial security.The ASA highlighted claims such as those using the system being able to escape the “rat race”, or being able to quit “tedious and irritating” jobs as being liable to be interpreted as the gambling system acting as  alternative to employment and a way to achieve financial security.“We concluded that the ad promoted a gambling service as an alternative to employment and a way to achieve financial security, and was therefore socially irresponsible,” the ASA added.As a result, the ad must not appear again in its current form, and Coleman was warned that he must produce evidence to support claims that his system was risk-free or that it was a new system, as well as that he must not promote gambling as an alternative to employment or a path to financial security. Casino & games The UK’s advertising standards authority has upheld three complaints against a website advertising a system for online casino bets, two for misleading and unsubstantiated claims and one for advertising gambling irresponsibly. Regions: UK & Ireland 17th June 2020 | By Daniel O’Boyle Topics: Casino & games Legal & compliance Marketing & affiliates Tags: Online Gambling Subscribe to the iGaming newsletter Email Address ASA bans “misleading” and “irresponsible” betting system adlast_img read more

PointsBet nets landmark deal with NCAA’s Colorado Buffaloes

first_img PointsBet has signed a five-year deal to become a betting, gaming and fantasy sports partner of The University of Colorado Buffaloes, becoming the first operator to sign an agreement with a “Power Five” collegiate sports team. Regions: US Colorado Casino & games PointsBet nets landmark deal with NCAA’s Colorado Buffaloes 9th September 2020 | By Daniel O’Boyle PointsBet has signed a five-year deal to become a betting, gaming and fantasy sports partner of The University of Colorado Buffaloes, becoming the first operator to sign an agreement with a “Power Five” collegiate sports team.The deal will see PointsBet signage appear at football stadium Folsom Field, as well as at the team’s basketball and volleyball stadium the CU Events Center. The operator’s brand will also feature in gameday promotions, television advertising space and on radio broadcasts.The National Collegiate Athletic Association (NCAA), which governs collegiate athletics, has taken a strong stance against gambling in the past and does not permit gambling advertisements during competitions it organises such as the NCAA Basketball Tournament.However, there is no such prohibition for conference games, other regular season games or games organised by other entities such as college football bowls and playoffs.The University said the deal “provides a financial boost for CU Athletics during a time when athletic department budgets nationwide are stressed by the COVID-19 pandemic”, with other Division I universities cutting back on collegiate sports programmes.Read more on iGB North AmericaImage: ThatCanadian Topics: Casino & games Marketing & affiliates Sports betting Tags: Mobile Online Gambling Spread Betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more