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Sweden’s Konsumentverket Publishes Report on Loot Boxes and Other Gambling-like Features in Games

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/3cf9bb935f1aaadc409b51e639d4cfd29e997e4c6a43c0836166fbd6393d373a?s=96&d=mm&r=g February 27, 2020 February 27, 2020

By: The HALLO ECHO

February 27, 2020

The Swedish Consumer Agency Konsumentverket (KO) has published a report on loot boxes and other gambling-like features in games. The report states that loot boxes or other gambling-like features in games could be regulated under the Swedish Gambling Act (2018) when prizes from in-game features constitute money or money’s worth. If the in-game features…

NCPG Issues Guidelines for Payment Providers

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/3cf9bb935f1aaadc409b51e639d4cfd29e997e4c6a43c0836166fbd6393d373a?s=96&d=mm&r=g February 5, 2020 February 5, 2020

By: The HALLO ECHO

February 5, 2020

The National Council on Problem Gambling has issued new guidelines for the payment providers. The new guidelines will help guide the industry’s thinking about solutions to negative consequences associated with gambling. “Payment limits can be an important responsible gambling tool, offering a consumer-centric approach that emphasizes player control, information, and shared responsibility. Our guidelines…