• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Valve Being Sued For Running An “Illegal Online Gambling Market”

June 24, 2016 by Habeeb Alaswad

Valve accused of knowingly enabling an illegal gambling global marketplace and profiting from it.

p1_2041740_9a13a9fb

A Counter-Strike: Global Offensive player is suing Valve for enabling an “illegal online gambling market” and profiting from it, Polygon reported. The lawsuit was filed on behalf of Michael John McLeod from Connecticut, who claims that he purchased skins for the game from Valve, gambled them, and lost money, both as a minor and as an adult.

The lawsuit goes into details accusing Valve Corporation and third-party websites such as CSGO Diamonds, CSGO Lounge and OPSkins of “knowingly allowed, supported, and/or sponsored illegal gambling by allowing millions of Americans to link their individual Steam accounts to third- party websites.” The skins then can be traded and used as collateral for bets, also can be sold for real money.

McLeod compares the situation with a casino being run by Valve along with third party websites where skins are the chips. “In sum, Valve owns the league, sells the casino chips, and receives a piece of the casino’s income stream through foreign websites in order to maintain the charade that Valve is not promoting and profiting from online gambling, like a modern-day Captain Renault from Casablanca”

Although players can’t directly gamble those skins on Steam, and knowing Valve, they probably did everything they could to keep themselves away from any liability. However, I have to admit, the case makes a strong argument that they are complicit. All the accounts in those third-party websites are linked to a Steam account. In addition to that, Valve is charging for each transaction being made when converting items into real cash.

This comes in while there is a big debate whether eSports need to be considered as regular sports or not. While there are strict rules governing any gambling that might happen in the sports field, it seems that eSports are far behind when it comes to that, and there is a huge market for it. “Just like traditional sports, eSports has become the subject of gambling and wagering on outcomes of matches between professional teams. An estimated $2.3 billion was wagered on eSports in 2015 by more than 3 million people.” 

You can read the entire lawsuit here. We will keep updating you as soon as we get any updates.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

Crimson Desert (console) - Before You Buy

Crimson Desert (console) - Before You Buy

BETHESDA REGRETS ELDER SCROLLS 6, 10 NEW GAMES ANNOUNCED & MORE

BETHESDA REGRETS ELDER SCROLLS 6, 10 NEW GAMES ANNOUNCED & MORE

Crimson Desert: 10 Things The Game DOESN'T TELL YOU

Crimson Desert: 10 Things The Game DOESN'T TELL YOU

Crimson Desert - Before You Buy

Crimson Desert - Before You Buy

What The HELL Is Going On With Nvidia DLSS 5?

What The HELL Is Going On With Nvidia DLSS 5?

20 Upcoming Games That CROSS THE LINE OF INSANITY

20 Upcoming Games That CROSS THE LINE OF INSANITY

10 Video Game Graphics That STILL Hold Up

10 Video Game Graphics That STILL Hold Up

The Best cRPG Ever Made?

The Best cRPG Ever Made?

20 Things Developers Knew WE WOULD TRY

20 Things Developers Knew WE WOULD TRY

Category: UpdatesTag: Counter-Strike: Global Offensive, CSGO, Gambling, Lawsuit, PC, Valve

Sidebar

Recent Posts

  • Rumor: Nintendo Launching Switch 2 Model With Replaceable Battery In Europe
  • Fortnite Players Can Start Making Star Wars Games Soon – Of Course There’s A Catch
  • Multiple Game Developers Distrust DLSS 5 – And They May Not Entirely Understand It Either
  • Shenmue 3 Finally Confirmed For Switch 2, Alongside PC, PS5, and Xbox Series X|S, With Physical Media Release On All Platforms
  • CD Project RED Will Publish An “Unannounced Gaming Project” In The Coming Quarters

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme