2013-06-25, 07:55 PM
KhainiWest Wrote:That's not the answer of why it's not considered illegal. All of your examples are clarified in that legal link I posted.Fine then.
Quote: (A) means the staking or risking by any person of something of value upon the outcome of a contest of others, a sporting event, or a game subject to chance, upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome;Legally, virtual items don't fall under either legal definition of "value", due to a.) not being tangible objects and b.) not being able to be exchanged for currency under the ToS. That's also why they can't be taxed. The few instances of virtual item-related matters being taken to court were all settled before a ruling to the contrary could be made, from what I can find.
You can argue that it's morally wrong or whatever, but due to the way "value" is defined, it's not illegal until a court rules it is.