Tag: Valve

Video-games platform denies facilitating illegal gambling

Betting Business eSports
Designers of video-game platform Steam remain steadfast in face of accusations of facilitating illegal gambling through its brand.   Valve, the games designer behind video-games platform Steam, is facing mounting pressure to crack down on eSports websites who are accessing user accounts on the platform in order to trade digital items from games. In a cease-and-desist letter sent to the firm last...

UKGC outlines eSport betting concerns in new report

Gambling Commission Valve eSport
The UK Gambling Commission (UKGC) has warned operators in the eSports sector that they must be licensed if they wish to offer gambling services in the country. The regulator expressed concerns over the sector in a new discussion paper in which it set out its latest research on virtual currencies, eSports and social gaming. The paper has been prepared in...