Token gesture: A legal viewpoint of the UKGC’s probe into Sorare

Richard Bradley of Poppleston Allen examines how the regulator will weigh up whether NFT-based fantasy football game Sorare is deemed to be gambling

The UK Gambling Commission (UKGC) has recently warned consumers that it is making enquiries into fantasy football and NFT trading operator Sorare, specifically assessing whether its activities in Great Britain constitute gambling and if an operating licence should be required. The UKGC has therefore stressed that current consumers accessing the website may not benefit from similar…

Reguation | Regulation | Sorare | UK Gambling Commission