Gambling Commission accuses $4.3bn business promoted by Premier League of providing unlicensed gambling
Britain’s Gambling Commission is to prosecute Sorare, a multibillion-pound company that makes a fantasy football game promoted by the Premier League, for providing unlicensed gambling.
Sorare, which is valued at $4.3bn (£3.21bn) and counts major international investment firms such as SoftBank among its backers, will appear in court on 4 October in what will be an extremely rare use of the gambling regulator’s prosecutorial powers. The company denies the charge of unlicensed gambling.
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