Valorant teams cannot have gambling sponsors

Riot Games has debunked rumors that it will allow Valorant teams to accept gambling sponsors. [Image: Shutterstock.com]

Riot Games has denied rumors that have been circulating over the past few days that Valorant will allow teams to have gambling sponsors. A number of journalists who contacted the video game publisher regarding the matter were told the speculation was false.

An esports news outlet reported on Wednesday that Valorant teams would soon have the opportunity to partner with gambling companies to generate revenue. However, this is clearly not the case. Not even the organizers of Valorant tournaments can do business with gambling companies.

No changes have been made to the Valorant team sponsorship rules

Speaking to some journalists, a Riot Games representative said that there have been no changes to the Valorant team’s sponsorship rules, stating that Riot Games “will continue to evaluate all opportunities that provide safe, secure, and meaningful experiences that our… Best support growth esports ecosystem globally.”

Some esports allow gambling sponsorships for teams and events, including Dota 2 and CS:GO.

Riot Games has a history of controversial partnerships. It previously had an agreement with notorious cryptocurrency exchange FTX, which was said to be worth tens of millions of dollars. FTX is now bankrupt and the founder is facing serious money laundering and fraud allegations.