Lounge, the company behind the largest skins betting site CSGO Lounge and Dota 2 Lounge, formally announced this week that it would be scrapping skins betting.
Each site made the announcement via its respective Facebook page with the surprising inclusion that they would be reforming as “an entertainment and information platform”. There was also a promise of new features to be revealed in the imminent future.
The full statement from CSGO Lounge can be seen below:
This dual announcement comes during a turbulent period for skins betting sites after Valve delivered a total of 42 cease and desist letters to various operators.
CSGO Lounge was amongst the more defiant of those that received such a letter. Whilst the majority immediately paused operations or shut down completely, it continued to operate in the same fashion between July 19th and 29th.
On August 1st Lounge stated that it was applying for formal gambling licences in the countries in which it operates. We’ll have to wait for the outcome of these but with the nod to its plans to reform as an entertainment and information platform, the company is evidently preparing itself for disappointment and planning accordingly for such a scenario.
This latest announcement has left many wondering what will become of the skins that they had remaining in their Lounges’ accounts.
The Dota 2 Lounge Facebook post made some gesture of assurance to players by saying: “At the moment we are working on a solution for items withdrawal, please stay tuned for an update on this topic”, though the CSGO Lounge post failed to mention it at all.