UKGC Brands Skin Betting Operators ‘Parasites’

UKGC Brands Skin Betting Operators ‘Parasites’

The united kingdom Gambling Commission has weighed in on skin-betting, the practice of gambling with virtual in-game products, branding the third-party sites that facilitate such gambling ‘parasitic.’

Sarah Harrison UKGC chief exec believes that the amount of visibility of young individuals to skin-gambling is ‘worrying.’ The regulator secured the world’s first prosecution regarding gambling with in-game items in January.

The video games industry requires to do more to counter these sites, which present ‘a clear and danger that is present players, including kids,’ said Sarah Harrison, UKGC chief-exec.

What is Skin-betting?

Skin betting, named for he colorful designer weapons in video game countertop Strike: Global Offensive, grew into a multi-billion dollar industry a year ago.

Since skins are available in varying degrees of rarity and can be traded between players, along with used in sites that are third-party they have attained a ‘real-world’ value, which means they can be utilized by for gambling.

And since a big part of the public that is video-gaming under the legal gambling age, and third-party skin gambling sites are unlicensed and come with no regulatory checks and balances, they pose a significant threat to children, said Harrison.

‘Mums and dads could be offering money to a child thinking they are gambling and this is a real worry,’ she said that they are playing a computer game when in fact. ‘Gambling on eSports wi Continuar leyendo «UKGC Brands Skin Betting Operators ‘Parasites’»