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Verified Stake.com accounts are also available for free through the messaging app Telegram and work with a fake address. These more expensive accounts tend to have active cashback or financial bonus features. The accounts Sky News found for sale come ‘pre-made’ – with this verification stage already completed. Carolyn Harris MP, who leads a parliamentary group that scrutinises gambling-related harms, said the findings are “astounding”.
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Online casinos that use cryptocurrency are known as crypto casinos and are unregulated and illegal in the UK. Work with our Facebook PPC agency for casinos to get the best Facebook advertising results for your online casino. Click below where you can find options to give us your feedback, recognise excellent service from our team, and find help if anything has affected your experience or enjoyment of our venues. He warns that this is increasingly becoming a problem, noting he is “seeing more and more cases of British residents gambling with offshore operators, particularly crypto casino gambling operators”. The people most likely to be gambling on these accounts in the unregulated market are children and gambling addicts, according to Matt Zarb Cousin. But some sites also require a user to provide photo identification when making an account.
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Stake.com is not available in the UK, but is licensed and regulated in other jurisdictions. Richard Williams, a gambling specialist at Keystone Law, told Sky News the trade of these accounts is legally a grey area but there could be issues of fraud at play. Some of the groups run a sophisticated operation, with sales teams and others offering of a “middleman” who – for a small fee – holds a buyer’s money until both parties are satisfied. After being contacted by Sky News, Stake.com said they are aware of fraudulent attempts to access their crypto casino and that they say their attempts to block behaviour like this is “constantly evolving”. Talks between Facebook and around 20 senior gaming experts, operators and consultants including executives from PokerStars, 888 and Gamesys, were revealed by the industry magazine eGaming Review. Our team monitors campaign performance in real-time, making data-driven adjustments to enhance ROI and achieve your marketing objectives.
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