Lawyers and consultants urged the e-sports industry to turn quickly towards self regulation before it ends up in crisis like daily fantasy sports in the US.
“If they don’t start to self-regulate, there’s going to be some regulator that comes in and destroys it,” said Rahul Sood, chief executive of Unikrn, an e-sports betting company partnered with Australia’s Tabcorp.
“We should embrace regulation,” he told the audience yesterday at the E-Sports Betting Summit in London.
One lawyer suggested that e-sports teams and organisers are unprepared for the kind of scrutiny which has thrown US daily fantasy sports (DFS) into turmoil the past few months.
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