CSGOLounge to seek betting license in countries that allow it

CSGO Lounge logo

CSGOLounge is one of the largest and most popular CS:GO sites out there. As well as offering a robust trading system along with its sister site dota2lounge, CSGL had a betting functionality for CSGO matches using skins. They also received Valve’s gambling cease & desist letter, like their compatriots, and have decided to seek a legitimate betting license in response, as well as shutting down operations in certain countries.

Read more: 2016’s greatest games so far.

In a statement on the website, CSGL’s founder Rob Borewik reiterates that skins have no monetary value and that all “community interaction with the virtual items is meant only for entertainment, without any profit interest.”

He goes on to say that they do not offer games of luck, but will be looking to “acquire a license to legally operate in most of the countries and be able to accept the esports bets by our community, as if it would be real money.”

However, not everywhere will give them such a license, so operations in these countries will be suspended and users should withdraw their items as soon as possible: Belgium, France, French Guiana, Guernsey, Gibraltar, Ireland, Isle of Man, Jersey, Martinique, French Polynesia, Reunion, Mayotte, Turkey, Spain, Scotland, Israel, United Kingdom and United States.

The trading part of the website, that allows users to list items with possible trades they’d be interested in, apparently won’t be affected and is due for upgrades soon. They’re planning to put additional protections on the betting side and remind everyone that the site is only intended for users aged 18 or over.

Valve could still block them from access to the API, of course, so we’ll find out if they accept it soon enough.

Subscribe to PCGamesN on YouTube

Paladins
Sign in to Commentlogin to comment
Kinth! avatarblajw avatar
Kinth! Avatar
201
1 Year ago

It doesn't matter whether they have the license or not. It's against the SSA. Even if they don't make money off the skins they are making it off advertisements. If it is so unprofitable why is the owner so reluctant to let it go.

"skins have no monetary value"

They do. They are sold and bought for real money. Valve just makes it difficult for that money to ever leave their platform. That does not mean they are not worth money though.

After the shit show that has been the CS:GO betting scandal, it would be hugely idiotic of Valve to give them a license to run a gambling site. It would mean a massive amount of work for Valve as well.

The guy is deluded if he thinks Valve are going to let them bet just because they have a gambling license.

1
blajw Avatar
1
blajw(1 day 16 hours played)
1 Year ago

This will go on and on, until Valve identifies each skin betting website and sends them all manual notices...I'm much more interested in betting with real money as it's at least regulated. If I have any issues with a sportsbook, I can pursue them legally and that's a piece of mind of some sorts.

Here's a useful list of real money CSGO betting websites, maybe it'll be of help as a potential alternative: http://www.gamopo.com/csgo-betting/best-csgo-betting-sites/

1