ESIC is a not-for-profit association that looks to eradicate cheating (such as match fixing) as well as safeguard players in the industry.
Lars Lien, CEO of Luckbox said the following in a statement: “Along with building an amazing platform, we have a strong focus on integrity and want to offer the highest levels of protection and security for our players. Esports has suffered in the past due to a lack of regulation, particularly related to betting, and this has undermined trust in the wider industry.
“Thankfully, this is changing now and we are determined to help to clean up the esports betting space. I am a great admirer of the work ESIC does and we are delighted to be able to say we are now members. Luckbox’s values chime perfectly with those of ESIC and I am looking forward to our teams working closely together.”
ESIC is currently dealing with a high profile case, with a Counter-Strike: Global Offensive professional recently being found guilty of cheating. Nikhil “Forsaken” Kumawat, best known as a member of OpTic India, has been found to have had a cheat program installed on his PC at both eXTREMESLAND 2018 Asia Finals and ESL India Premiership 2018 Fall. No public verdict from ESIC has been announced, but a statement is to be expected in the near future.
Ian Smith, Commissioner of ESIC added: “It is always gratifying to welcome new members into ESIC and Luckbox is a fantastic addition to our coalition. It improves the global reach and effectiveness of our suspicious bet alert network and enhance our participant education programme. Responsible betting operators like Luckbox are the core of safe gambling on safe esports events and we look forward to working with them to provide punters with a great experience and esports with a secure interface between tournaments and gambling on those tournaments.”
On August 1st, Luckbox was awarded with a top-tier gambling licence under the Online Gambling Regulation ACT (OGRA), issued by the Gaming Supervision Commissions. This subsequently meant Luckbox was the first cryptocurrency-support esports betting platform to achieve such status.
In July, the Liga de Videojuegos Profesional (LVP) implemented regulations put forth in a programme devised by ESIC. The Spanish League of Legends competition introduced the rules to aid in safeguarding its participants and maintain a level playing field.
Esports Insider says: ESIC stands for something very important and underexposed in esports – as highlighted by recent occurrences – so it’s good to see Luckbox, an operator with plenty of potential, join the association. Hopefully together they can educate potential esports bettors and prevent anything negative from happening in the future.