UKGC reinforces regulations on eSports
The United Kingdom Gambling Commission (UKGC) would set further control on eSports.
UK.- The United Kingdom Gambling Commission (UKGC) signed yesterday a Memorandum of Understating with the eSports Integrity Coalition (ESIC), which aims at enhancing fair operations, consumers’ benefits and legal activities. ESIC has also achieved a recent and similar agreement with authorities from Nevada, United States.
“This MOU is a significant step for ESIC and the esports community,” commented Ian Smith, commissioner of ESIC. “The Gambling Commission has significant resources and powers that will be invaluable in helping to combat any emergence of organised crime or serious fraud within our rapidly growing sector.”
Gaming regulators will focus on improving operations and withdrawing potential scams on the sector. The UKGC has compromised to prevent frauds and organised crimes under the Memorandum of Understating with the eSports Integrity Coalition. The agreement also assures that both Nevada regulators and the UKGC could work together to further strengthen the international industry.
“As esports continues to grow successfully, so will the inevitable attempts to profit on the back of that success through illegitimate means. This agreement will help protect all the individuals, teams and companies working so hard to make esports successful for players and fans alike,” Smith continued in a statement.
The eSports sector is the latest novelty for the global gaming industry and will face further regulations worldwide.