Author Topic: 'Counter-Strike' raked in nearly $1 billion in 2023 from randomized loot boxes  (Read 310 times)

Nearly Sane

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Big business, but also does it amount to gambling. A small example of how legislation lags and will lag behind games influence.

https://www.businessinsider.com/counter-strike-1-billion-loot-boxes-gambling-esports-video-games-2024-1

jeremyp

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Big business, but also does it amount to gambling. A small example of how legislation lags and will lag behind games influence.

https://www.businessinsider.com/counter-strike-1-billion-loot-boxes-gambling-esports-video-games-2024-1

I think it depends on whether the contents of loot boxes can be exchanged for real money e.g. if you get a cool skin, can you sell it to another player. If that is the case, then it's definitely a form of gambling.
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