The Swiss gambling authority, Gespa, has launched a preliminary investigation into FIFA’s new right-to-buy collectibles (RTBs). The goal is to determine if the initiative complies with local gambling laws.
The RTB collectibles, offered through the FIFA Collect platform, grant a purchase option. Specifically, the opportunity to acquire tickets for the 2026 World Cup. These assets are sold directly by FIFA in an initial phase. However, they can later be resold on secondary markets, which has caught the regulator’s attention.
A New Model Under Regulatory Scrutiny
FIFA recently migrated its digital collectibles platform to its own network. The new infrastructure operates on the Avalanche network. This strategic move aimed to offer greater control and scalability. Now, this innovative product faces a regulatory challenge in its own host country. Gespa must clarify whether the resale mechanism constitutes an unregulated gambling activity.
The concept of RTBs is novel in the realm of major sporting events. It represents an attempt to integrate Blockchain technology into traditional ticketing. The investigation will set an important precedent for future uses of digital assets in the industry. The community of investors and fans awaits the final verdict.
The outcome of this preliminary investigation could have broad consequences. If Gespa determines that right-to-buy collectibles are a form of gambling, FIFA would need to adjust its model. It could face fines or the need to obtain specific licenses. On the other hand, a favorable resolution would validate this new approach.
The situation highlights the growing intersection between digital assets and existing regulatory frameworks. Clarity is essential for innovation to thrive securely. The Swiss authorities’ verdict will be closely watched by other sports organizations. Many of them are exploring similar solutions to engage with their followers and manage ticketing for mass events.
