UK’s Online Safety Bill: Implications for Tech Firms
Gamma Law Blog
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2y ago
The government of the United Kingdom is currently considering an Online Safety Bill (OSB) in an effort to ensure safety and security within the metaverse. Following months of debate, delay, and discussion, the OSB had its second reading in the House of Commons on April 19 ..read more
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Timeout! States Struggle to Provide an Effective Framework for Esports Regulation
Gamma Law Blog
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2y ago
As of early 2022, esports tournaments have paid more than $1 billion in prize money to nearly 100,000 players over 48,000 tournaments worldwide. New and ongoing tournaments award an average of around $1 million per month in prizes as players, sponsors, team owners, tournament organizers, marketers, and other stakeholders rush to claim their piece of the action ..read more
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Real-Money Gaming: Taking Off and Cashing In
Gamma Law Blog
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2y ago
Esports and skill-based gaming have become highly competitive arenas, with millions of people playing against each other daily, vying for lucrative sponsorships, and supported by rabid fan followings. Many want to get a piece of the action. Esports Network expects real-money games industry revenue to top $2.5 billion by the end of the year ..read more
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US Army Faces Backlash over Smash Bros. Tournament
Gamma Law Blog
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2y ago
The US Army has scheduled an esports tournament for Sept. 26-27 which will feature $10,000 in prizes, with $5,000 allocated for top finishers in its Super Smash Bros. Ultimate and Call of Duty competitions. The announcement spurred many members of the Smash Bros. community to criticize the Army’s esports program. Many have characterized ..read more
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Tfue, Faze Clan Settle Lawsuit, Countersuit
Gamma Law Blog
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2y ago
Turner “Tfue,” Tenney has settled his lawsuit with Faze Clan. In a joint statement, the parties said that they “have resolved their disputes and settled their litigations” and “wish one another the best of luck in future endeavors.” The details of the settlement have not been disclosed. Tenney filed his lawsuit against Faze ..read more
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State-sanctioned Esports Commissions Present Challenges, Opportunities for Governments and Industry Players
Gamma Law Blog
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2y ago
Much like the California Gold Rush and the Oklahoma Land Rush, the economic opportunities offered by the Esports Rush are outpacing the industry’s ability to control dubious practices, unethical behavior, and outright lawlessness ..read more
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ESIC Bans Counter-Strike Coaches in Cheating Probe
Gamma Law Blog
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2y ago
The Esports Integrity Commission (ESIC) has issued sanctions against 37 Counter-Strike: Global Offensive (CS:GO) coaches, banning them from tournament play for five to 36 months. According to the announcement, the coaches exploited a bug in CS:GO’s spectator mode that allowed them to see other players’ locations. While ESIC’s investigation has only recently begun ..read more
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MetaClan Combines Esports and the Decentralized Organization
Gamma Law Blog
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2y ago
The online gaming community is always looking for the next new device, technology, or adventure. What if the latest idea is to start a gaming collective that leverages cryptotoken and blockchain technologies? The online gaming community is helping push the boundaries for non-traditional organizational structures in the esports arena ..read more
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Leveling the Playing Field: Regulation of Esports NFTs
Gamma Law Blog
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2y ago
Many believe that non-fungible tokens (NFTs) are poised to revolutionize the esports industry. Current applications of NFTs in esports include awarding NFTs in place of physical tournament trophies, which is a much more efficient solution given the prevalence of online competitions today ..read more
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Jay-Z vs Damon Dash: Lessons for Emerging Technologies Companies
Gamma Law Blog
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2y ago
Rapper Jay-Z’s legal beef with record executive Damon Dash entangles old-school creativity and newfangled technology, providing lessons for performers, promoters, developers, and anyone else involved in the arts world. The disagreement between two-thirds of the founding braintrust behind Roc-A-Fella Records centers on the ownership and regulation of non-fungible tokens (NFTs) and is likely to open a flurry of issues related to NFTs ..read more
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