Valve to Washington State: 'We Don't Facilitate Gambling'

Valve has a message for the Washington State Gambling Commission in response to its recent inquiries regarding skins betting on Counter Strike: Global Offensive, "We don't facilitate gambling." The message was made in response to a recent letter from the Commission asking/telling the video game giant to, "...immediately stop allowing the transfer of virtual weapons…

Washington State Orders Valve to Halt All Skins Betting

The Washington State Gambling Commission has ordered Valve to halt all skins betting in the state. Gaming officials are citing the risk of underage gambling and an unregulated gaming environment as the reasons behind the request. According to a press release the Commission released yesterday (and reported on by ESPN.com), this is not the first…

Mark Cuban Goes All In On eSports

Billionaire Dallas Mavericks owner Mark Cuban is one of esports' most enthusiastic supporters and this weekend he went ahead and proved his devotion to the sport. Cuban not only participated in a League of Legends tournament, he took a few shots at esports critics and, as always, found a way to inject himself directly into…

ESports Betting…Could it Really Be a $1.8 Billion Business?

Does e-sports betting really have the potential to be a $1.8 billion business over the next five years? That's the conclusion of a new report from Eilers Research titled, eSport Betting: It’s Real, and Bigger Than You Think. The aptly titled report suggest that this year alone, esports betting will generate revenue of around $24…