Fulcrum29
Honorary Master
So all gambling sites are basically done for.
Yah well,
http://www.bloomberg.com/news/artic...oves-to-choke-off-7-4-billion-gambling-market
Facing a wave of criticism and legal action, video game maker Valve is walking away from the rapidly expanding gambling ecosystem that has evolved around its games, potentially destroying an industry that was expected to take $7.4 billion in bets this year.
...
Last month, a Connecticut man sued Valve in a potential class-action suit that drew heavily from Bloomberg’s investigation. A second suit quickly followed in Florida. The company must respond to the first complaint in the next several days.
In addition to legal action, the world of skins gambling drew new fire in the past few weeks with two separate, high-profile revelations. CS:GO Diamonds, a site where gamers use skins to bet on virtual dice rolls, admitted to tipping a sponsored player to make the site look more exciting to his half-million followers. Mohamad ‘m0E’ Assad, a player, broadcaster and online personality, admitted that he used the advance knowledge to win on the site.
I wonder where Valve will end up… stop selling keys? This will have a big impact on other gaming developers and publishers as well, they will need to engage in a new business model.
