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CSGO Diamonds Esports Scandal

E-SPORTS SKIN SCANDAL SURFACES
 
Embarrassing revelations as skins operator and former sponsored player and Twitch caster turn on each other.
 
The eSports skin gambling operator CSGO Diamonds and a former sponsored player identified only as moE took to social media in a very public argument Monday, with the player revealing that he was given advance knowledge of the outcomes of virtual dice rolls to ensure that he would produce winning results in his Twitch livestreamed activity in order to give him more credibility and entertainment value.
 
When the parties fell out, it apparently resulted in withheld winnings, prompting the player to take to Twitter exposing the unethical practice and forcing the operator to apologise and acknowledge its conduct had not been acceptable.
 
CSGO Diamonds is a gambling platform where players deposit skins, convert their value to “Diamonds” and then wager Diamonds on variable-odds outcomes based on dice rolling, the publication eSports Betting reports. Diamonds can then be used to purchase skins on the site’s marketplace, with one Diamond worth arounbd $1 in skins value.
 
The bad publicity started Sunday when moE revealed details on Twitter of the arrangement with CSGO Diamonds, complaining that the operator was preventing him from withdrawing $26,000 in virtual currency diamonds in his CSGO account. The expose followed an earlier social media threat by the player and caster to unveil questionable practises by the operator.
 
CSGO admitted to the moE arrangement on Monday, acknowledging that it was a mistake from which it had learned, and claiming that its motive was to make moEs Twitch stream "more entertaining". 
 
“This happened in both directions, at times we provided him a future roll and other times he would ask us for a roll result while on stream," CSGO admitted. "This is what he is threatening to ‘expose’ us with, although he had a willing part in this too.”
 
The operator went on to reveal that it had a sponsorship agreement with moE which, in return for between 110 and 130 hours exposure a month on his Twitch stream he would receive 10 percent of monthly profits. The operator noted that the agreement gave moE Diamonds to wager...but not withdraw.
 
The agreement failed when moEs promised Twitch hours were not achieved and the operator wanted to either renegotiate the deal or discontinue it and pay moE a severance, the operator alleged. It was at this stage that the player tried to leverage Twitter to retain the original deal, and CSGO responded by deciding that severance was the preferred route.
 
"We decided to offer him the severance payment and part ways," the CSGO rsponse reveals. "He agreed to the payment and to part ways. Following this, we found out that he had been providing false, negative information regarding our site to our sponsors. He has now taken to Twitter, regarding the withdrawal of Diamonds that, as mentioned previously, were never to be withdrawn as part of the original agreement.”
 
The row has highlighted the need for regulation in the skins gambling sector, which is very lucrative, industry experts have pointed out in their assessment of the CSGO debacle.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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