Posts Tagged :

loot boxes

Australia Adds Content Advisory Label to Games that Contain Microtransactions

 The HALLO ECHO
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  According to a new policy that has been implemented in Australia, the video games sold in the country must receive a rating from the Classification Board of the Department of Communications and display it prominently on all physical content and advertisements. Since 1 May 2020, all video games sold in Australia have included a…

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EU Report Suggests Consumer Protection Approach to Tackle Loot Boxes

 The HALLO ECHO
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  A report commissioned by the EU Internal Market and Consumer Protection Committee has recently come to the conclusion that the EU should stop approaching loot boxes as a gambling issue and treat the practice as a consumer protection issue. The report concludes that while the problematic practice can be dangerous due to the way…

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UK House of Lords Calls for Urgent Regulation of Loot Boxes

 The HALLO ECHO
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  The House of Lords Gambling Committee has urged the UK government to classify video game loot boxes as “games of chance.” The recommendation came as part of a wide-ranging report in which the committee suggested a number of changes to the gaming industry. “If a product looks like gambling and feels like gambling, it…

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

 The HALLO ECHO
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  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…

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