According to BCSC, BitPlay claims to be an online eSports betting platform provider, located in London, England and they recently became aware that its advertisements are targeting British Columbia (BC) residents, offering them high-yield investment programs.
Since the eSports betting platform provider is not registered to trade in, or advise on, securities or exchange contracts in BC, the Canadian regulator has decided to add BitPlay to its Investment Caution List.
The official warning can be seen here.