The contest update is that there is no contest update, really.
There is no update really because nobody has entered yet. So there is NO competition currently to win a code for a WoW in-game pet.
And if there is only one entry, they will get the pet even if it is a variation on Leeroy with the title Jenkins.
So go read up on the contest and enter today to stop that from happening… or to enter your own variation on Leeroy.