Video gamers all over the world can soon bet on themselves as the live-betting esports platform Unikrn had its wagering license approved by the Isle of Man on Tuesday. By gaining its new approval, users can legally gamble on competitive video games.
Unikrn desires to fuse esports wagering with blockchain, but was previously limited to the United Kingdom and Australia to provide real-money betting esports. However the company started introducing a variety of online products that will ignite esports wagering to the majority of Europe, South Korea and other Asian countries, and parts of Latin America, thanks to its new license.
The esports platform will even offer skill-based bets, meaning gamers can bet on their own abilities, unlike traditional sports books. As part of Unikrn’s product rollout, the skill-based betting will go live in America in 41 states. Players within those states can wager on their own abilities in games including Fortnite and PUBG. However, the release date has yet to be released publicly, while odds betting will continue to be unavailable in the U.S. for spectators.
Nevada is currently the only U.S. state that allows sports betting, although that could soon change. The Supreme Court laid down the Professional and Amateur Sports Protection Act (PAPSA), which has the potential to pave the way for more states to begin offering wagers on traditional sports and esports.