BGC bulks out underage ad regulations

The latest measures will become part of the sixth edition of the Industry Code for Socially Responsible Advertising. In short, they require all of its members to guarantee that any sponsored or paid-for social media adverts are aimed at the over-25s.

However, if members can prove that their ads can be specifically targeted at over-18s, then this will be allowed.

Complementing this wider remit, gambling ads on search engines must highlight that the promotion is for customers of age, while also containing responsible gambling language.

Further additions to the new code include BGC members having to post regular safe gambling messages on their Twitter accounts, which most already do, while YouTube users will need to be age-verified to view gambling ads.

The sixth edition of BGC’s code will come into force for the UK market from October this year.

BGC CEO Michael Dugher commented on the new proposals:

“BGC members have a zero tolerance attitude to under-18s betting, and from requirements for safer gambling messages to restrictions on YouTube advertising, this new code shows how seriously the BGC, who represent regulated betting but not the National Lottery, take our responsibilities.”

It’s unclear how these rules will affect crypto and blockchain casinos specifically. Regulatory frameworks in the UK and across the world tend to not include them. Therefore, it may be up to media organisations and tech companies, such as YouTube, to enforce the rules across the board.

It’s worth noting that the majority of premium crypto casinos out there have their own standards that go above and beyond industry requirements. Bitcasino requires various, non-intrusive identification, while also blacklisted certain countries it’s not able to operate within.

Similar casinos such as FortuneJack and BitStarz also have similar policies which would fall in line with the BGC measures, should they account for crypto casinos.

Looking for your next crypto casino? Check out: Bitcasino or FortuneJack.

Written by Tudor

Works as a developer and helps keeps the digital cogs turning. Leave them alone, they're busy.

Similar News

FCA launches new crypto asset marketing rules

08/06/2023|09:59

UK marketers of crypto assets will need give first-time investing consumers a cooling-off period from 8 October 2023, under new...

SEC targets Coinbase for alleged regulatory non-compliance

08/06/2023|01:24

Coinbase, the largest cryptocurrency trading platform in the US, is facing a lawsuit from the Securities and Exchange Commission (SEC)...

SEC sues Binance, CEO over alleged securities violations

08/06/2023|00:50

The US Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Binance and its CEO Changpeng Zhao,...