Esports Skin Betting Sites Receive Threats from Norwegian Gaming Authority , NGA Says Only
A note, or a threat if you will, was published by the Norwegian Gaming Authority warning all skin betting operators that skinning betting activities are considered as being gambling activities and operators who are offering such activities will face punishment.
The NGA is saying that skins are considered as CS:GO which is basically a virtual currency. More details include,
“Skins can normally not be exchanged for cash, but it is possible to take the skins out of the game and of other markets for buying and selling. There are separate online casinos where you can bet and win skins, and in such cases, skins a virtual currency that can be used for gambling. We have seen several examples of Norwegian children and young people who have spent thousands of money from this.”
The NGA added that,
“A gaming site that allows betting and pays out prizes in skins is in our view an online casino, and in Norway, only Norsk Tipping is allowed to offer online casino.”
The note concluded with that when the virtual currency is being used for gambling it brings the activity within the country’s jurisdiction, therefore making it illegal.
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