Hi,
OK sorry to be a pain but we wanted to get this right lol
We have decided not to do it though a membership upgrade
We feel confident there is no problem to sell a pack of 5000 or 10000 points as the sole way to monetize the points, member shop and betting addon.
How do we sell these 5000 and 10,000 pack of points in IPcommerce?
FYI the reason we feel there is no problem and in case this helps anyone else, in the UK Gambling commision document regarding Virtual currencies, eSports and social gaming - Loyalty points as money’s worth:
5.13 We maintain the view that winning additional items such as chips, spins or tokens, even if they can otherwise be acquired by the payment of real money, will not in and of itself make an activity licensable.
However, where they can be converted into cash or traded (for items of value) they would be caught as ‘money or money’s worth’ meaning underlying games could be caught as licensable gambling activities.
If anyone feels we have misinterpreted the above, please comment, thanks.