The Competition and Markets Authority (CMA), the regulatory body responsible for competition and consumer enforcement in the UK, has released the report of the investigation that it started two years ago about the unfair practices in online gambling industry. The main focus of the probe the options for players to withdraw their funds and…

Blizzard has announced the imminent removal of paid loot boxes and chests from Overwatch and Heroes of the Storm players in Belgium following the country’s Gambling Commission ruling that the loot boxes violated Belgium’s gambling regulations. “While we at Blizzard were surprised by this conclusion and do not share the same opinion, we have decided…

2K Games has issued a press release that the in-game purchases system in NBA 2K loot boxes has been declared  to comply with Belgian gambling laws. “Specifically, we will be turning off the ability to purchase packs with premium (non-earned) currency/[Virtual Currency],” reads a 2K statement. “Gamers are still able to acquire packs with MyTeam…

LeoVegas, a Sweden-based casino company, has started pursuing a casino license in Spain. The company has already applied for a new licence in Sweden. Philip Doftvik, head of corporate finance and investor relations at LeoVegas, said that the company “welcomes” regulation in Sweden and that it has been “looking forward” to applying for a licence…