Home Metaverse Metaverse Casinos: A Regulatory Wild West | Nelson Mullins Riley & Scarborough LLP

Metaverse Casinos: A Regulatory Wild West | Nelson Mullins Riley & Scarborough LLP

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Metaverse Casinos: A Regulatory Wild West |  Nelson Mullins Riley & Scarborough LLP

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A new world of games

The metaverse is an immersive online universe on the blockchain where users interact with and with each other in a multitude of digital worlds. As in the real world, the metaverse offers a wide variety of activities and entertainment options. The metaverse has become a gaming paradise. Users can explore the casino “districts,” which offer slots, poker, roulette, blackjack, and more, go to shows and nightclubs, and even purchase real estate, including an entire casino. Some platforms within the metaverse are more developed than others, with their own plots of land, decentralized government structures, and native tokens. As this space continues to expand into various aspects of daily life, participants in the metaverse ecosystem, and in particular gaming operators,…

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