Sorare Charged with Unauthorized Gambling in UK
Sorare, a fantasy sports company, has been accused of providing unauthorized gambling services in the United Kingdom. Sorare, a fantasy sports company, has been accused of providing unauthorized gambling services in the United Kingdom. This is the first action the Gambling Commission has ever taken against a blockchain-based virtual casino platform. The company, headquartered in […]
Sorare Charged with Unlicensed Gambling in UK
Sorare’s fantasy games allow players to buy and trade collectible cards as NFTs based on sports events like soccer and basketball. Sorare, a fantasy sports company has faced accusations of providing gambling services in the United Kingdom. This is the very first action that the Gambling Commission has ever taken against a virtual gambling site […]
Sorare signs four-year contract with Premier League
The deal means that the football league may purchase shares in Sorare in the future, despite ongoing gambling investigations into the company. After a lengthy negotiation process, blockchain-based fantasy sports game Sorare has announced a new four-year license arrangement with the UK’s Premier League. As part of the agreement, the Premier League received equity warrants […]
Sorare Partners With NBA to Develop New NFTs
Sorare is now the NBA’s “Official NFT Fantasy Partner.” The National Basketball Association (NBA) is going to work with the European non-fungible token (NFT) platform Sorare to make a fantasy basketball game based on digital collectibles. In a statement on its website, the U.S. basketball league and its players’ union, the National Basketball Players Association […]
UK Gambling Commission launches an investigation into Sorare
The Gambling Commission in the United Kingdom has launched an inquiry into fantasy NFT soccer game Sorare, to determine if the platform is required to have a gambling license. “The Gambling Commission is currently carrying out enquiries into the company to establish whether Sorare.com requires an operating license or whether the services it provides do […]