The UK Gambling Commission has been exploring the impact of bitcoin, skins, e-sports and social gaming. Gemma Boore of Bates Wells & Braithwaite considers the findings.
THE UK Gambling Commission has become the first gambling regulator in the world to release an in-depth report and consultation on e-sports, virtual currencies and social gaming – providing much needed transparency on its internal procedures for determining which of these areas falls within its jurisdiction.
This article discusses the various conclusions reached by the Commission in its paper, and concludes that its release is an important development for anyone operating in these innovative industries, whether or not they are directly involved in the provision of gambling services.
