Web3 football game Sorare is currently embroiled in a legal dispute as the UK Gambling Commission has accused it of unlicensed gambling practices. The commission claims that Sorare has been providing gambling facilities without the necessary operating license, which constitutes a breach of the 2005 Gambling Act.
A significant court hearing related to this issue is set to take place on October 4. In response to these allegations, Sorare has firmly contested the claims, asserting that the law has been misapplied in their case. The company has commented, 'The commission has misunderstood our business and incorrectly believes that gambling laws apply to Sorare.
We firmly deny any claims that Sorare is a gambling product under UK law.' Sorare, known for its innovative football fantasy league game, leverages the capabilities of the Ethereum blockchain to allow players to trade digital football cards. As this legal saga unfolds, the implications for Sorare’s business model and the broader intersection of gaming and gambling law in the UK will certainly attract close attention from both industry stakeholders and regulators.
Many are eager to see how this case may influence future regulatory approaches toward blockchain-based gaming platforms..