New Platform Brings Real Money Gaming to the US
A new unique multiplayer tournament platform called Skillz has been launched which gives players the chance to play for real and virtual money in mobile games.
The co-founder and CEO of Skillz, Andrew Paradise, said “We’re bringing real-money gaming to the U.S. right now, and we’re the first people to do that.”
Skillz allows games of skills to be played in cash tournaments across 36 states, as well as virtual money tournaments in any game across the world.
All a mobile developer has to do is integrate Skillz’s SDK which can reportedly be implemented in as little as an hour.
There are already 10 games available across a number of genres including runners, bubble shooters, mini golf and more.
The reason the platform is legal is that real-money gaming for a skills competition has been legal for years in many states. However, it is important to understand what a skill game is. The legal definition is that a skilled game is one where a skilled player beats an unskilled player about 75% of the time.
Paradise said that the company has created “a way to statistically verify the level of skill versus chance in a game … we’ll run virtual currency tournaments and gather data.”