Regulator bans gambling site for CS:GO video game items

Regulator bans gambling site for CS:GO video game items

An internet site letting punters gamble at digital casinos utilizing objects from a preferred online game has been banned in Australia by the media watchdog.

Online gaming firm Feral Holdings Limited – and its CS:GO Roll web site – allowed folks to make use of ‘skins’ from Counter Strike: Global Offensive as foreign money, which might then be on-sold for cash.

Skins are aesthetic objects gamers can use to change their look whereas enjoying the sport which could be price appreciable quantities of cash relying on how uncommon they’re.

Reports recommend one gun pores and skin was offered for practically $600,000 final month, in all probability a report worth for any single online game weapon.

Casino video games are banned on-line in Australia if customers are enjoying for cash or something of worth.

The Australian Communications and Media Authority has issued Feral Holdings a proper warning and shut down its website, citing a selected concern round utilizing skins to draw a youthful demographic to on line casino playing.

The authority’s chair Nerida O’Loughlin stated it was very important playing websites observe Australian legal guidelines or threat being shut down.

“Providing casino-style games online is prohibited in Australia when playing for money or something of value, whether that’s Australian dollars, cryptocurrency or in this case, online gaming skins,” she stated.

“Skins gambling services are particularly concerning as they tap into a youth market and have the potential to convert gamers into gamblers.”

Source: www.perthnow.com.au