Modern technology and innovation have blurred the lines of what can rightly be considered “gambling.”
Now, Washington State has joined regulators from 15 European jurisdictions, signing a declaration of concern regarding esports, video games and social gaming.
The group statement explains that the signatories share a number of common principles:
“ … including the need for gambling to be regulated to ensure high standards of integrity, fairness and consumer protection, in particular in relation to children.
Given these shared principles, we are increasingly concerned with the risks being posed by the blurring of lines between gambling and other forms of digital entertainment such as video gaming. Concerns in this area have manifested themselves in controversies relating to skin betting, loot boxes, social casino gaming and the use of gambling themed content within video games available to children.
Regulators identify in such emerging gaming products and services similar characteristics to those that led our respective legal frameworks and authorities to provide for the regulation of online gambling.”