đŧRegulatory
I know, you hear the word betting/wagering and some internal alarms start to go off. Isn't this gambling, and therefore highly regulated? And isn't it nearly impossible for a game to have this?
The answer lies in the way we have designed The Game. Because we have gone for a fully skill-based approach, the outcome of the match is completely in the players' control. For something to be considered gambling, there needs to be an element of chance involved (e.g. random cards being drawn, dice being rolled, etc.), but none of that happens in our game.
Even in the U.S.A., one of the most regulated countries in the world, SKILLZ can service 45 of the 50 states.
We do not just take what others are doing as our research though. We have worked with Van Iersel Luchtman Lawyers, a Dutch law firm specializing in gaming. They have even advised the Dutch government in the regulation of loot boxes.
After reviewing our game, they concluded that offering wagering in Stumble upon Rumble is allowed.
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