Loot Box
New York sues Valve for promoting illegal gambling via game loot boxes
New York Attorney General Letitia James sued video game developer and publisher Valve Corporation for using game loot boxes to facilitate illegal gambling activities among children and teenagers. Valve operates Steam, one of the largest digital game distribution services in the world, offering access to thousands of games for millions of users worldwide. At the […]
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FTC cracks down on Genshin Impact gacha loot box practices
Genshin Impact developer Cognosphere (aka Hoyoverse) has agreed to a $20 million settlement with the U.S. Federal Trade Commission (FTC) over its gacha loot box monetization and is now banned from selling them to teens under the age of sixteen without parental consent. This comes after the FTC referred a complaint to the Department of Justice over the […]
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