The UK Gambling Commission has weighed in on skin-betting, the practice of gambling with virtual items that are in-game branding the third-party sites that facilitate such gambling ‘parasitic.’
Sarah Harrison UKGC chief exec thinks that the level of exposure of young visitors to skin-gambling is ‘worrying.’ The regulator secured the world’s free pokies downloads aristocrat first prosecution associated with gambling with in-game things 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 Counter Strike: Global Offensive, grew into a multi-billion buck industry this past year.
Since skins appear in varying degrees of rarity and are exchanged between players, also used in third-party sites, they’ve achieved a ‘real-world’ value, which means they could be utilized by for gambling.
And since a large percentage of the video-gaming public are 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 cash 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 with in-game-items is growinRead More