The Australian Communications and Media Authority (ACMA) issues a formal warning to Feral Holdings Limited, an online gaming company, and takes down their CS:GO Roll website. The investigation revealed that CS:GO Roll provided illegal casino-style online games involving in-game skins from the popular video game Counter-Strike: Global Offensive.
Gambling with CSGO skins
CS:GO Roll, operated by Feral Holdings, offered casino-style online games using gaming skins from Counter-Strike: Global Offensive. Users could deposit skins and receive in-game coins to gamble on these games. Winnings were paid out in skins, which could be converted into real money through third-party platforms.
Australian Gambling Laws
The Australian Communications and Media Authority (ACMA) stated that providing casino-style games online, even with virtual items like gaming skins, is illegal in Australia. ACMA Chair Nerida O’Loughlin expressed concerns about skins gambling services targeting young gamers and potentially leading them into gambling.
Vigilance and Responsible Trading
Feral Holdings has been issued a formal warning for violating Australian gambling laws. The ACMA publishes a register of licensed interactive wagering services, allowing consumers to verify the legality of the services they use. The ACMA website provides information on protecting oneself from illegal gambling operators.
Feral Holdings’ CS:GO Roll website has been withdrawn from Australia due to its provision of prohibited interactive gambling services. The use of gaming skins as a form of currency raises concerns regarding youth exposure to gambling. It is important for individuals to stay informed, exercise caution, and engage in responsible trading practices. For a detailed exploration of the challenges faced by traders in the CS:GO community, read our article “Exploring CS:GO Traders“.