Three men pled guilty and one man was convicted of Wire Fraud for writing a software application to defraud EA Sports of $16 million worth of FIFA coins.
The closure of AlphaDraft and Vulcun and a skin betting crackdown have led some to question the future of esports betting. Not ESportsPools’ Scott Burton.
Between fewer matches, regulatory scrutiny, and fewer skin options for bettors, much lower skin gambling handles are expected for Turner’s ELEAGUE Season 2.
After missing Friday’s deadline, Valve responded Monday to the Washington State Gambling Commission’s order to stop facilitating skins gambling via Steam.
Valve’s cease and desist order to 42 skin gambling sites this summer, which attempted to halt the use of its API for commercial purposes, has not worked.
The Washington State Gambling Commission has ordered game maker Valve Corporation to stop the transfer of skins via its Steam API, it announced Wednesday.
Over a month after shutting down all skin betting functionality in the wake of mounting pressure, CSGOLounge resurfaced Monday with a coin betting product.
The Esports Integrity Coaltion body decided on Wednesday there was “no case to be answered” regarding recent Rainbow Six match-throwing allegations
Two men were charged with violating the UK Gambling Act and accused of operating unlicensed virtual currency betting on a real sport video game, EA’s FIFA.
The newly-formed Professional Esports Association is an esports league and an esports players association rolled up into one – and it faces many hurdles.