Meta Faces Penalty in Italy for Gaming Advertisements

[MissExposé]

Italian regulators have hit Meta with a hefty €5.85 million fine for promoting gambling on Facebook and Instagram, breaching the country's strict rules against betting advertisements. Despite steps taken to remove flagged ads, the social media giant faced penalties and take-down orders, mirroring recent fines imposed on other platforms like YouTube and Twitch, drawing criticism from industry associations for potentially driving companies to offshore markets due to stringent regulations.

Source: https://www.casinonewsdaily.com/blog/2024/01/04/meta-has-to-pay-a-fine-because-of-promoting-betting-and-gaming-on-facebook-and-instagram-in-italy/