The UK Gambling Commission has recently charged popular blockchain-based fantasy football platform Sorare for allegedly operating unlicensed facilities in the country. This move comes as a significant blow to Sorare, which has gained a large following in the online gaming community for its unique approach to fantasy sports.
The UK Gambling Commission, which regulates all forms of gambling in the UK, has taken a firm stance against unlicensed operators in recent years. Sorare’s failure to obtain the necessary licenses to offer its services in the UK has led to the commission taking action against the company.
Sorare, which allows users to buy, sell, and trade digital collectible football cards using blockchain technology, has been accused of offering gambling services without the proper licenses. The UK Gambling Commission has stated that Sorare’s activities fall under the definition of gambling under the country’s laws, and as such, the company is required to obtain the appropriate licenses in order to legally operate in the UK.
In response to the charges, Sorare has stated that it is working closely with the UK Gambling Commission to address the issue and ensure that its operations are compliant with the country’s laws. The company has also emphasized that it takes the issue of responsible gambling very seriously and is committed to promoting a safe and enjoyable gaming experience for its users.
Despite this setback, Sorare remains optimistic about its future prospects. The platform has gained a strong following among football fans and collectors, and its unique approach to fantasy sports has set it apart from other online gaming platforms. Sorare’s innovative use of blockchain technology has also attracted investors and partners from around the world, further boosting its growth potential.
While the charges from the UK Gambling Commission are certainly concerning, Sorare remains determined to overcome this challenge and continue offering its services to fans of fantasy football. The company is confident that it will be able to resolve the issue in a timely manner and resume operations in the UK with the necessary licenses in place.
For now, Sorare users in the UK will have to wait and see how the situation unfolds. In the meantime, the platform continues to operate in other countries where it has obtained the required licenses, allowing fans to continue enjoying its unique digital collectibles and fantasy football experiences.