The established Esports betting platform, Unikrn, has finally acquired a license that will allow fans to bet on live competitive video games (Esports) legally.
This is possible due to a wagering license that was approved by the Isle of Man earlier last month that opens the opportunity for Unikrn to provide Esports wagering across more than 20 countries within Europe, Asia, and the US. Unikrn have some notable investors already including; Ashton Kutcher, Mark Cuban, and Elisabeth Murdoch.
Fans based in Europe and Asia will be allowed to participate in live betting during Esports events and games; however, those in the US will not be permitted. This being said, skill-based betting (otherwise known as wagering) has been approved in the US for games like League of Legends and Fortnite. This allows players to wager based on their abilities and skills. Players will need to verify their age and location before being able to receive odds from the Unikrn platform, and these odds will be based on their profile on the respective game.
This skill-based wagering will go live in at least 41 states. However, there is currently no confirmed date for this launch. Meanwhile, fans in legalised sport betting countries will be able to make odds bets on most of the major, professional leagues.
It has since been confirmed the Unikrn will be sponsoring an online tournament platform set up by ChallengeMe.GG. This is a new Counter-Strike: Global Offensive competition called the United Masters League. This league will see European teams competing for their share of approximately $290,00 of UnikoinGold (this is Unikrn’s cryptocurrency).
This league will utilise a tournament and platform ladder that commences on November 19th March 2019, the top four teams from this platform will advance to the M7M Esports Factory in Osnabrück, Germany to battle it out from March 29th – 31st. The league is also sponsored by AMD, Grid, M7M Esports Factory, runtime.gg and Noble Chairs.