Skins in The Game | Page 2

Table of Contents THE ORIGINAL ESPORTS LOUNGE 1 What’s In This Report About The Author LOUNGE’S SEVEN-MONTH, $1 BILLION HANDLE 2 Betting On Lounge In 2016: By The Numbers VALVE’S CRACKDOWN ON SKIN BETTING 4 Four Skin Betting Scandals LOUNGE’S FINAL DAYS 5 An Ending Not On Its Own Terms Other Sites Attempted Workarounds Outside The U.S. CORE CONCEPTS 6 THE FUTURE OF SKIN BETTING 7 How Some Regulators Are Beginning to Address Skins A SKINS CASE STUDY: CSGOFAST 8 LOUNGE’S PRODUCT PIVOT: COIN BETTING 9 KEY TAKEAWAYS 10 APPENDIX A - SINGLE-GAME SKIN BETTING DATA 11 About The Author Will Green Will Green is a sports betting analyst at LegalSportsReport and its sister publication, EsportsBettingReport. He previously worked as a reporter at Sports Illustrated covering the intersection of sports and gaming. He contributes to Fortune and appears regularly on SiriusXMesports, and has moderated panels of top experts on sports betting and sports gaming. He can be reached via email at [email protected] or on Twitter at @wfcgreen. About Narus Advisors A consultancy offering guidance to clients at the intersection of esports, online gambling, and land-based gambling. NarusAdvisors.com