Meta Stock: Britain Accuses Facebook Owner of Profiting from Illegal Gambling Ads

TLDR

  • Britain’s Gambling Commission claims Meta knowingly allows illegal casino advertisements on its platforms
  • Regulator says many ads promote gambling sites that bypass the UK’s GamStop self-exclusion program
  • Tim Miller stated Meta’s claim of ignorance is false since illegal ads appear in their public database
  • Meta responded that it removes policy-violating ads and works with the commission to improve detection
  • The commission said if regulators can find these ads easily, Meta could too but chooses not to

Meta finds itself in hot water with British regulators over illegal gambling advertisements. The UK’s Gambling Commission released a scathing statement Monday accusing the social media giant of deliberately ignoring casino ads that violate British law.


META Stock Card
Meta Platforms, Inc., META

Tim Miller leads the independent watchdog as executive director. He told an audience at the ICE Barcelona trade show that Meta is essentially profiting from criminal activity. His words were direct: the company appears happy to keep taking money from scammers until someone complains loudly enough.

The problem isn’t small or hidden. Miller said regular users of Facebook and Instagram have almost certainly encountered these illegal casino promotions in their feeds.

GamStop Circumvention at the Heart of Issue

The controversy focuses on Britain’s GamStop program. This self-exclusion system allows problem gamblers to voluntarily block themselves from licensed online gambling sites. It’s a key tool for addiction prevention.

Many of the illegal advertisers on Meta’s platforms specifically promote that they don’t participate in GamStop. They openly advertise as “Not on GamStop” sites. This directly targets people trying to avoid gambling.

Miller demolished Meta’s defense that it doesn’t know about problematic ads until notified. He called this claim “simply false.” The evidence sits in Meta’s own ad library, which anyone can search.

The regulator’s team found the illegal advertisers without difficulty. Miller made his point clear: “If we can find them then so can Meta. They simply choose not to look.”

Meta Defends Its Policies

Meta issued a response defending its advertising standards. A company spokesperson said the platform maintains strict policies around online gambling and gaming advertisements. When ads violate these rules, they get removed after identification.

The spokesperson emphasized Meta’s collaboration with the Gambling Commission. The company said it uses intelligence from regulators to strengthen its proactive detection systems. These tools supposedly catch violations before users need to report them.

Meta called for continued partnership with the commission. The company framed this as necessary to protect both platform users and legitimate advertisers from criminals.

But the Gambling Commission’s public rebuke suggests these efforts fall short. Miller’s speech implies Meta possesses the tools to stop illegal gambling ads. The regulator believes the company just isn’t deploying them effectively.

The speech came at ICE Barcelona, a major gambling industry conference. This venue put Meta’s advertising practices under scrutiny in front of global gambling regulators and operators.

Britain’s GamStop program serves as critical protection for vulnerable individuals. When illegal operators advertise ways to bypass it, they potentially exploit people struggling with gambling addiction.

Meta’s searchable ad library contains advertisers openly stating their sites are “Not on GamStop,” Miller said during his Monday speech.

The post Meta Stock: Britain Accuses Facebook Owner of Profiting from Illegal Gambling Ads appeared first on Blockonomi.

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