For those of you who have been living under a rock, here is a short summary of everything that occurred in the past few months. People ranging from the age of 1-99 could use in-game items of Counter-Strike: Global Offensive that have monetary value to bet on teams, and on some websites, even to gamble. However, after the uncovering of a major scandal by two famous YouTubers, TmarTn and Syndicate, wherein they would post videos of them winning tons of money in seconds on the site CSGOLotto, which was later discovered by YouTuber HonorTheCall to be owned by the YouTubers themselves, which. wasn’t disclosed anywhere. Famous news channels on YouTube such as h3h3 reported this story, revealing how CS:GO gambling was targeted at young kids.
Now, Valve decided to interfere in this market and announced that they were withdrawing the usage of SSA software for commercial usages, thus making gambling and betting websites where the person needed to deposit skins for cash obsolete. In fact, in cracking down on gambling websites, Valve even began handing out cease and desist letters to various websites, popular ones being CSGODouble, CSGOLounge and dota2lounge.
But apparently CSGOLounge and dota2lounge are going to continue operations in India and various other countries since the ban is restricted only to a few countries, such Belgium, France, French Guiana, Guernsey, Gibraltar, Ireland, Isle of Man, Jersey, Martinique, French Polynesia, Reunion, Mayotte, Turkey, Spain, Scotland, Israel, United Kingdom and United States. This is what CSGOLounge’s notice reads:
Starting from Monday, 1st August 2016, we will start limiting the access to the betting functionality for users visiting us from countries and regions, where online esports betting is forbidden. We will add additional registration and verification process and we require you to comply with our new Terms of Service if you want to keep using our service. We also remind that our service is only for users who are at least 18 years old.
We will be operating according to the new terms and any transactions related to the items betting functionality will be handled accordingly to the new terms of service, and only on the territories, which do not forbid it by law.
That being said, it looks like CSGOLounge has acquired a license in countries where online betting and gambling is not against the law, and will continue to operate the same way that it did before the crackdown. Whether items will still be able to be used to bet past the 10-day limit given by Valve to withdraw all items, is what CSGOLounge is unsure of. As of now, what we can assume from their notice is that the lounges are going to shift to make betting my real cash itself, a route that Fanobet, another website had already taken up.
Meanwhile, the trading side on the lounges is going to continue as always worldwide, and they even promise to add in some new features to it too. We shall keep you updated on what happens in this situation right here.