Riot Games are going to let their top League Of Legends and Valorant esports teams receive sponsorship from gambling companies, in a bid to snaffle up some of the billion dollar unofficial sports betting scene that surrounds both games.
The publishers promise that they’ll put appropriate “guardrails” in place to ensure that streams of tournaments aren’t suddenly overrun by shady gambling ads, and to protect players and viewers from the psychological impacts of gambling. They even think it’ll be beneficial to the community, in supposedly giving Riot more control of the existing esports gambling business. But the overriding rationale here is very much ‘this is a big dirty pie and we’d rather like a slice’.
The change in policy will only apply to tier 1 League of Legends and Valorant teams in the Americas, Europe, the Middle East and Africa. “We know sports betting isn’t for everyone, and that some fans have strong feelings about it, and we respect that,” Riot’s head of publishing and esports John Needham explains in a blog post. "However, the reality is that betting activity already exists around our sports and will continue whether we engage with it or not.
Breaking!: Shitty company continues being shitty!
SmoochyPit@lemmy.ca 1 day ago
Wait, so let me get this straight… this AAA studio, which is a subsidiary of Tencent, which sells microtransactions for sometimes up to nearly $100, and which has incorporated gambling elements and predatory design in their games for years, has now allowed sponsorships with gambling companies in their esports scene? Color me surprised!
Oh, but it’s really for the benefit of the community and players, since it would happen anyways. And It’s certainly not primarily motivated by the huge profits it could rake in. Right. How noble of them.
I’m sure they have a history of treating their players and employees very well, too.
(obligatory)
/s
baguettefish@discuss.tchncs.de 1 day ago
Just think of all the incredible engagement players will feel as they gamble their latest limited edition skin away which they bought with their mom’s credit card or their first independent wages.
But hey, at least the slot machine has all your favorite characters and also streamers who have sold their soul. Market research shows that people with dysfunctional impulse control are much more easily exploited that way.