White Papers
Author(s): Grove, Chris
Publisher: Esports Betting Report
Year Published: 2016
Date Added: January 30, 2018
Resource Type: White paper
In the growing esports industry, there has been increased attention on skins betting, a form of online wagering conducted using digital items instead of money. Skins did not initially have any cash value until secondary markets began allowing for monetary exchanges, rapidly turning skins betting into a billion-dollar industry. In response to this change, game developers began to crackdown on skins betting practices.
This white paper provides an overview of gambling practices in esports, along with an analysis for the impact that the crackdown on skins betting has on the industry. The prospects of esports betting in land-based casinos and its regulation are also examined.
