The US’ NBA and National Basketball Players Association (NBPA) have announced a partnership with blockchain-based fantasy sports platform Sorare. As the Official NFT Fantasy Partner of the NBA under the terms of the multi-year partnership, Sorare will develop a free-to-play digital collectible-based fantasy basketball game for the league. The Sorare: NBA product will be launched this winter ahead of the …
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Sorare backs its non-gambling status under UKGC evaluation
Sorare has issued a response to the UK Gambling Commission (UKGC) placing its blockchain fantasy football platform under investigation. Yesterday the UKGC issued a warning, alerting the public that Sorare (Sorare.com) did not maintain a UK gambling licence. The Commission confirmed that it was evaluating Sorare’s fantasy football game and digital collectables platform with regards to whether the business was …
Read More »UKGC issues public warning on unlicensed Sorare
The UK Gambling Commission (UKGC) has alerted the public that Blockchain-based fantasy football operator Sorare (Sorare.com) does not carry a UK gambling licence. The Commission warned players that “any activity completed on the site by consumers in Great Britain is outside of the gambling regulations that a licensed operator should comply with”. Launched in 2018, Sorare is an Ethereum blockchain …
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