eSports

Winners.bet Secures Betting License from Malta Gaming Authority

 The HALLO ECHO
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  Malta Gaming Authority has given approval for Winners.bet to begin operations under a betting license in January 2020. Winners.bet will be providing the esports community with a reliable, informative, and safe way to bet on their favourite games. Users will also have access to relevant news on teams and roster changes, tournament updates, and…

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The World eSports Market: 2019-2025 Analysis & Outlook – Underage eSports Gambling Leading to Stringent Government Regulations

 The HALLO ECHO
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  Global Esports Market Set to Triple by 2025 Esports is expected to grow with a CAGR of ~20% in the years between 2019-2025. The Global Esports market is expected to cross $3 billion by the end of 2025 due to the growing popularity of Esports worldwide and the growing support of game publishers for…

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Psyonix Disables Loot Boxes of Rocket League in the Netherlands and Belgium

 The HALLO ECHO
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  Psyonix, an American video game developer based in San Diego, has disabled loot boxes in its arena soccer racing game Rocket League for players in the Netherlands and Belgium due to government regulations. The Dutch Games of Chance authority, or Kansspelautoriteit, has investigated several popular games containing loot boxes in 2018 and considered many…

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Quinault Nation Files Lawsuit against Valve

 The HALLO ECHO
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  The Quinault Nation in Washington State has filed a lawsuit against Valve, a renowned global gaming giant, for illegal gambling. “Valve is well aware of the skins gambling that goes on, is well aware that skins have real world cash value, which has increased their popularity and value, and actively encourages and facilitates skins…

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Konami to stop in-game currency sale for PES 2019 in Belgium

 The HALLO ECHO
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  The Japanese gaming developer Konami has stopped the in-game sale of Pro Evolution Soccer 2019’s (PES 2019) myClub Coins currency in Belgium. The company is seeking ways to comply with Belgian laws that have come down heavily against loot boxes and similar chance-based purchases. The Belgian Gaming Commission stipulates that loot boxes qualified as…

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Greenberg Traurig Forms Video Game and Esports Group: Team To Address Legal Needs of Clients in Billion-Dollar+ Industry

 The HALLO ECHO
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  Global law firm Greenberg Traurig, LLP has harnessed the collective competitive video gaming, or esports, experience of a core group of attorneys, to create a multi-office, cross-practice team that can serve the legal needs of clients involved in the billion-dollar-plus industry. Greenberg Traurig’s newly established  Video Game and Esports Group will be headed by Steve Walkowiak and P. William Stark, litigation shareholders in the firm’s Dallas office. The new…

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