This is a guest contribution by Lionel Iruk. An i‐gaming, international wealth management, M&A, principal attorney and manager at Empire Legal. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.

International Gaming – Legal Contributor

The term skin gambling may come as a surprise to many a gambling enthusiast and even old experts in the area. This is because Skin gambling is a very recent development which evoked interest after the ‘Arms Deal Update’ in 2013 which allowed users to trade in virtual weapon skins on the game and was touted by the makers as one of the most important updates.  It is essential that before we delve into the world of Skin Gambling and its legality, we have a correct understanding of the parties who are involved in this very niche area of Skin Gambling and then understand how the engine runs.

Origins of ‘Skins’