Skin in the game: A closer look at the impact of the world's first skins betting licence

Roxanne Sheeley, gaming specialist at Boston Multi Family Office, examines the Isle of Man’s recent decision to include betting on digital skins in updated gaming regulations

In 2016 the Isle of Man Gambling Supervision Commission (GSC) added rules for virtual currencies to its regulatory framework for online gaming operators. Unlike some similar jurisdictions, however, these rules specifically included betting on ‘digital skins’ as well as cryptocurrencies. As a result, recently announced that it had secured the world’s first online gambling…

Cryptocurrency | Esports | Isle Of Man | Isle Of Man Gambling Supervision Commission | Regulation | Skins betting