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[bloomberg] Virtual Weapons Are Turning Teen Gamers Into Serious Gamblers

post #1 of 47
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The boom in pro video gaming is fueled by $2.3 billion in online bets.

http://www.bloomberg.com/features/2016-virtual-guns-counterstrike-gambling/

in depth video explained
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post #2 of 47
OCN people will give you a hard time for this kind of news xD, nevertheless this stuff needs regulation!! not ruining everything good in the SteamMarket !!!
     
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post #3 of 47
Just go on any HLTV match page to see all the underage gambling addicts raging. Nothing is out of the question when it comes to attacking players, when these kids lose a bet. Anything from wanting players to get cancer, to hoping their family burns to death.

Not that I have too much sympathy for players, as they're of the same ilk.
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post #4 of 47
Quote:
Originally Posted by sledge View Post

Just go on any HLTV match page to see all the underage gambling addicts raging. Nothing is out of the question when it comes to attacking players, when these kids lose a bet. Anything from wanting players to get cancer, to hoping their family burns to death.

Not that I have too much sympathy for players, as they're of the same ilk.

Don't forget swatting. These kids have swatted other youtubers on at least 5 separate occasions because their favorite youtuber had "beef" with them. These huge youtubers know that all they have to do is make a video about how much they hate *(insert any youtuber here)*, and their tweenage userbase will do their bidding. It's sickening.
post #5 of 47
valve making its money by skirting the law, what's new
post #6 of 47
Pathetic. I have no other words. mad.gifrolleyes.gif
post #7 of 47
"Valve takes its virtual economies seriously. At one point, Newell enlisted Greek economist Yanis Varoufakis to help with thorny issues like creating shared currencies between separate virtual economies. (After leaving Valve, Varoufakis became Greece’s minister of finance.)"

And we know how well that turned out for Greece.
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post #8 of 47
"In a handful of cases, judges have ruled that activities carried out entirely with virtual goods within video games shouldn’t be considered gambling, because they have no connection to the real world. “Even in the Internet age, there is a crucial distinction between that which is pretend and that which is real and true,” U.S. District Judge James Bredar wrote in October, dismissing a suit against mobile gaming company Machine Zone. “The laws of California and Maryland do not trifle with play money.”

If someone is making money from this, there must be some connection to the real world. My guess is the laws of CA and MD are interpreted by judge moonbeam.
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post #9 of 47
The two youtubers in the video are the worst, luring people to their own site to gamble. Specially bad knowing that probably the majority of their followers are kids... Even worse is the fact that they will probably won't be punished by their audience that probably drinks their kool-aid and probably will even defend them....
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post #10 of 47
Quote:
Originally Posted by XxOsurfer3xX View Post

Specially bad knowing that probably the majority of their followers are kids... Even worse is the fact that they will probably won't be punished by their audience that probably drinks their kool-aid and probably will even defend them....

Maybe it is time that parents take some responsibility and close their purse strings and maybe monitor what kind of trash their kids spend time watching on youtube/twich...

Parenting... It is a novel concept... biggrin.gif


On a side note, wonder if the FCC will actually take any action against these crooks.
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