The Esports Integrity Coalition (ESIC) and the UK Gambling Commission (UKGC) will collaborate following the signing of a Memorandum of Understanding (MoU) covering the detection and reporting of betting anomalies in the ever-popular and growing eSports sector.
The ESIC will work together with the UK Gambling Commission’s Sports Betting Intelligence Unit (SBIU) in identifying potential irregularities within eSports gambling, a similar initiative as that signed with the Nevada Gaming Control Board recently.
ESIC will benefit from the intelligence available from both these pre-eminent regulators and they, in turn will benefit from information gathered from ESIC’s members who are not licenced in the UK or Nevada, but see betting activity across esports worldwide.
“This MOU is a significant step for ESIC and the esports community,” Ian Smith, ESIC Commissioner, said. “The Gambling Commission has significant resources and powers that will be invaluable in helping to combat any emergence of organised crime or serious fraud within our rapidly growing sector.
ESIC will issue guidance notes to members in the coming weeks on the implications of the MoU and how its relationship with both regulators will improve the integrity of the eSports sector.
“Esports is a developing sector that offers new challenges for the betting industry, with potential for further market growth,” Richard Watson, Programme Director at the UK Gambling Commission, added.
“This agreement demonstrates our commitment to supporting ESIC in addressing the potential integrity risks, to help maintain public confidence in esports both as entertainment and for those who wish to place bets on British licenced markets”.