Crypto

UKGC issues warning over fantasy football NFT start-up Sorare

Consumer information notice comes as heavily backed French tech unicorn hires senior US igaming executives from BetMGM and DraftKings

The UK Gambling Commission (UKGC) has warned the public that Sorare – a fantasy football platform where users trade digital collectibles – does not hold a UK gambling licence. In a ‘consumer information notice’, the Birmingham-based regulator announced that it would be investigating whether Sorare requires an operating licence and if the product equates to…

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