Michael Owen Broke UK Law by Promoting Offshore Casino

Michael Owen was pressured to delete two tweets after breaking UK legislation and selling an unregulated crypto on line casino. [Image:]

Owen pressured to backtrack

Former skilled soccer participant and pundit Michael Owen has needed to delete tweets selling on-line cryptocurrency on line casino Punt Casino after violating UK legal guidelines on playing promoting.

doesn’t have an working license within the UK

The on line casino relies in Curacao, a Dutch Caribbean island, and doesn’t have an working license within the UK.

The ex-England, Liverpool, and Real Madrid striker was knowledgeable by the Advertising Standards Authority (ASA) that he had violated laws by selling a controversial non-fungible token (NFT) scheme. As a outcome, he needed to take down his posts on Twitter, per The Athletic.

Crossing the purple line

National legal guidelines mandate that solely UK-approved playing operators can promote to the general public. Owen, the 2001 Ballon d’Or winner, has over 3.7 million Twitter followers, heightening the profile of the infringement. 

The 42-year-old has since deleted the tweets, whereas regulators have additionally blocked UK clients from Punt Casino’s foremost web site by geolocation.

a totally licensed Curacao on line casino working below the principles”

Punt Casino responded to the matter by issuing a press release. It learn: “Punt Casino is a totally licensed Curacao on line casino working below the principles and laws related. We don’t goal or promote our on line casino to clients of any nations and/or jurisdictions not allowed by such license… Punt Casino takes its tasks as a legit and licensed on line casino operator very significantly.”

Source of confusion

Owen beforehand supported Punt and comparable corporations in previous remarks. “I’m a powerful believer within the energy of crypto, so teaming up with an progressive platform like Punt Casino appears like a pure match,” the soccer star beforehand stated.

The Curacao on line casino accepts crypto funds akin to Bitcoin and Etherium, making it a next-generation on-line operator. Owen’s assist for such an enterprise raised eyebrows because the UK has already earmarked it as a supply for legal exercise, particularly associated to cash laundering. 

In addition, the Premier League’s tenth all-time goal-scorer additionally erroneously stated his NFTs could be “the first-ever that may’t lose their preliminary worth.” Media outfits have speculated that Owen mistakenly by NFTs contained code that might not reduce in worth.

A spokesperson for the Englishman stated that they thought of the matter completed after the deletion of the tweets.



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