Valve Faces Lawsuit Over Video Game Gambling(bloomberg.com)
bloomberg.com
Valve Faces Lawsuit Over Video Game Gambling
http://www.bloomberg.com/news/articles/2016-06-24/valve-faces-lawsuit-over-video-game-gambling
1 comments
Isn't the biggest difference that the skins have no real world value other than the market price a person is willing to pay for it? You can't cash them in like casino chips, they are digital goods with no inherent value, you have find someone willing to pay for it.
IMO Valve has no responsibility here, as you can use anything as a currency. The government can't stop you from trading baseball cards.
IMO Valve has no responsibility here, as you can use anything as a currency. The government can't stop you from trading baseball cards.
Actually several parties have tried to make the case that sports cards constitute an illegal lottery, e.g: http://www.wsj.com/articles/SB846202501868224000
From a brief read around though I couldn't find any successful suits.
From a brief read around though I couldn't find any successful suits.
Of the two people I know who play CS:GO neither play for the matches, but only use it to gamble. It's worth noting Valve isn't the first or only game to have these illegal markets built around them [1] but it's by far the largest.
[0] https://skinxchange.com/
[1] http://iskmarket.com/