Web3 fantasy sports platform Sorare is being sued in the UK for providing unlicensed gambling facilities

2024-09-27 22:41:31

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ChainCatcher news, according to CoinDesk, the Web3-based fantasy sports platform Sorare has been sued in the UK for providing unlicensed gambling facilities.

This is the first time the UK Gambling Commission has taken action against a blockchain platform. Sorare, headquartered in Saint-Mande, France, operates fantasy games for football, basketball, and baseball, where users buy and trade cards through NFTs. The company has partnered with several sports associations, including the Premier League and Bundesliga.

The Commission stated that Sorare does not hold a gambling operating license and must appear in Birmingham Magistrates' Court on October 4. Sorare denies the allegations, claiming that its platform does not fall under gambling products.

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Sorare UK NFT

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Sorare Fantasy Football Game