Tuesday, December 7, 2021

Tag: loot boxes

BGC: Peers for Gambling Reform dealing in “fantasy figures”

Michael Dugher Betting and Gaming Council Gambling Reform
A House of Lords cross-party group, Peers for Gambling Reform, have been criticised for publishing “fantasy figures” by Betting & Gaming Council CEO Michael Dugher, with the former Labour MP dubbing the idea that tighter gambling regulation would stimulate growth in other sectors as “economically daft”.

DCMS grill video games industry over loot boxes

Damian Collins loot boxes
In-game spending in console and PC video games should be regulated by gambling laws and loot boxes banned entirely for children, according to the DCMS’s..

UK keeps an eye on the loot as America investigates

UK, loot boxes, news, America, usa
The growth in popularity of so-called “loot-boxes” in video games has proved sufficiently alarming that the US Federal Trade Commission is set to launch an official inquiry on the subject. The boxes of randomised content - which can enhance or adapt gameplay - can be either won by players or purchased for hard currency. Such is their coveted status that...

Effectively gambling: The regulatory dog-whistle

Loot boxes - the digital equivalent of Panini football stickers - are “effectively gambling” according to GambleAware, as the charity looks to widen its net around any form of entertainment that involves an element of chance. “More than one in ten British children are effectively gambling in popular online games,” GambleAware told The Sun, adding that loot boxes “may be...

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