Cyprus-based Sand Vegas Casino Club, not to be confused with Sheldon Adelson’s Las Vegas Sands, has been ordered by in two U.S. states to stop selling NFTs that promise a cut of profits from casinos on Metaverse platforms. thesamreynolds reports.
Data shows that the Gambler NFTs have a 30-day average price of 0.3293 ETH, or $1030 while theSand Vegas Casino Club is also developing a regular web-based casino, which it plans to launch in the summer according to a published roadmap as many metaverse platformsThis order from regulators appears to be a first for the Metaverse.
But as Sand Vegas Casino Club is not based in the US, it's unclear if this order will actually have any material impact on their operations.Save a Seat NowThe leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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