Unikrn has been granted licenses for cryptocurrency and real-money online gambling on esports from the Isle of Man.
Unikrn CEO Rahul Sood said the licensing was part of the company’s “biggest launch since 2014,” and that it is the “the world’s first and only blockchain-based live wagering backend with regulated real-money and crypto betting.”
According to CalvinSyre.com. Unikrn Limited is now listed as a license holder on the Isle of Man Gambling Supervision Commission website. The company already has a real-money online gambling license from the Malta Gaming Authority.
Sood said Unikrn will offer esports betting in Europe, South America and Southeast Asia. In the U.S., players will be limited to betting on their own gameplay versus other players in the 41 states in which ‘skill-based betting’ is legal. However, no launch date for the U.S. has been announced, CalvinAyre.com reported.
Sood said that the company passed a rigorous test of its anti-money laundering and digital wallet processes in getting Isle of Man licensing. Sood told the Associated Press that the license means there is “finally a legitimate, regulated operator in the space that has a pretty competitive offering.”
