Illegal crypto casinos for sale on social media from £8


  • 2 min read
Illegal crypto casinos for sale on social media from £8

Startling revelations highlight the ease with which British individuals can purchase pre-verified accounts for crypto casinos, unregulated gambling platforms in the UK. Sky News has discovered that numerous ‘ready-to-gamble’ crypto casino accounts are openly available for sale on mainstream social media platforms, including Facebook.

Crypto casinos, utilizing cryptocurrency, operate outside UK regulations and are considered illegal. Their popularity has surged, partly due to endorsements by gambling influencers, including celebrities like rapper Drake.

Sky News investigation revealed that circumventing barriers preventing Britons from gambling on these unregulated sites is straightforward. These accounts are fully configured, allowing buyers to log in and start gambling instantly, bypassing the need for personal details and form submissions.

Carolyn Harris MP, leading a parliamentary group addressing gambling-related harms, expressed astonishment at the findings.

Anti-gambling advocates caution that crypto casinos pose a heightened risk for individuals with gambling disorders and children. One campaigner told Sky News that the addictiveness of crypto casinos is “turbocharged” compared to traditional gambling.

What did the investigation find?

Sky News conducted a three-month investigation, analyzing numerous ads on various social media platforms and engaging with sellers and buyers. The majority of ads were on Facebook and Discord, with presence on TikTok, Telegram, Reddit, and X (formerly Twitter).

Analysis revealed that accounts for Stake.com, one of the largest crypto casinos, were the most advertised and sought after, with over 200 ads on Facebook and at least 100 on Discord since October. There’s no indication that Stake.com or other crypto casinos were aware or endorsed these ads; their branding was used without permission.

Upon contact by Sky News, Stake.com acknowledged awareness of fraudulent attempts, stating their efforts to block such behavior are “constantly evolving.”

Some groups operate sophisticated schemes, featuring sales teams and a “middleman” who, for a fee, holds the buyer’s money until both parties are satisfied.

What do the companies say?

Companies including TikTok, Reddit, Discord, and Meta (owner of Facebook) swiftly removed the accounts upon notification by Sky News. These social media platforms emphasized the priority of user safety and reiterated that their community guidelines prohibit the promotion of gambling services or activities facilitating illegal gambling. A Meta spokesperson stated, “We don’t allow scam adverts, and we have removed the ads violating our policies.”

Telegram and X (formerly Twitter) did not respond to requests for comment.

In response to Sky News, a Stake spokesperson acknowledged awareness of attempts to bypass their controls, emphasizing their industry-leading measures. Stake.com, not available in the UK but licensed and regulated in other jurisdictions, invests significantly in detecting and preventing problem gambling. They collaborate with regulators and law enforcement to continually evolve their approach against fraudulent attempts.


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