The UK Gambling Commission (UKGC) has called on parents to be vigilant of the dangers posed to children by websites that allow players to gamble on the outcome of video game tournaments.

The regulator highlighted the dangers of skin gambling in a new paper published Wednesday examining virtual currencies, eSports and social gaming. 

It cites a US report which estimated that the global skin gambling market was worth between USD$3.9bn and $5.1bn in 2016. The Gambling Commission report contains a survey which reveals that 8.5 per cent of those polled bet on eSports, with 90 per cent doing so using in-game items.

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