The adolescents are utilizing "skins" as a virtual cash, which can be won or purchased in amusement and go about as corrective moves up to a player's character, for example, disguise for a weapon or another suit of protective layer.
More than £5 billion worth of "skins" were wagered universally in 2015, The Times reports.
The virtual coin is then wagered on the result of matches between gamers in "eSports" rivalries in recreations, for example, Counter-Strike: Global Offensive, Dota 2 and League of Legends.
A third of its guests were under 18, proposing British kids wager more than £12 million on the site in 2015.
The Gambling Commission has communicated its worry and distributed an interview paper sketching out which exercises should be authorized and which don't.
"We are worried about virtual coinage and 'in-amusement' things, which can be utilized to bet," Neil McArthur, general advice at the Gambling Commission, told The Times.
"Any administrator wishing to offer offices for betting, including betting utilizing virtual coinage, to shoppers in Great Britain must hold a working permit.
"Any administrator who is putting forth unlicensed betting must stop — or face the outcomes.
"We expect administrators offering markets on eSports to deal with the dangers — including the huge danger that youngsters and youngsters may attempt to wager on such occasions given the developing prominence of eSports with the individuals who are excessively youthful, making it impossible to bet."
Valve Software, who made Counter-Strike, are presently attempting to take action against "skin" wagering.
Legitimate move has been made in the US against the amusement engineer and a few different sites, claiming Valve made benefits from exchanges identified with betting.
The case likewise blames British vlogger Tom Cassel, known by his username "Syndicate," of "effectively advancing [CSGOLotto] as a betting administration, including to minors".
Not long ago, CS:GO Lounge shut its virtual wagering after a quit it letter.