UK Gambling Commission charges Sorare for unlicensed facilities
The French website offers NFTs for fantasy sports team competitions and as collectibles.
The United Kingdom’s Gambling Commission has charged blockchain-based fantasy sports operator Sorare with providing unlicensed gambling facilities. The France-based company is due to appear in UK court on Oct. 4.
This is a rare move for the British agency and appears to have been three years in the making.
According to The Guardian, the Gambling Commission had previously mounted only a single prosecution since its creation in 2005. The commission provided little information in its announcement about Sorare:
The French website offers NFTs for fantasy sports team competitions and as collectibles.
The United Kingdom’s Gambling Commission has charged blockchain-based fantasy sports operator Sorare with providing unlicensed gambling facilities. The France-based company is due to appear in UK court on Oct. 4.This is a rare move for the British agency and appears to have been three years in the making. According to The Guardian, the Gambling Commission had previously mounted only a single prosecution since its creation in 2005. The commission provided little information in its announcement about Sorare:Read more