Articles About loot boxes

How Serious Are Gaming Fraud Chargebacks In 2023?

Jonathan July 21, 2023 18:01:02

All businesses suffer from customer chargebacks at some point. But recently, within the online gaming industry we're seeing a huge rise in the number of apparently unhappy customers looking for thier money back. However, it's not the customer's faullt. We are seeing games being designed to "game" the players into spending more with microtransactions throughout the gameplay. No payer wants that. So it's no surprise they become angry and make a chargeback.

What Were The Odds On The European Union Fudging Loot Boxes?

Nich Moore August 5, 2020 14:43:09

The Internal Market And Consumer Protection Committee of the EU finally reported on loot boxes in video games. It was, as expected, not so much a damning indictment as a punt into the long grass. Those who regularly take advantage of EU gambling laws at Bet365 will know only too well the Union has difficulties with gaming. It’s a question of jurisdictions. So the report suggests treating loot boxes not as a gambling problem, but a consumer protection issue. Great. Problem solved then, eh?

The Gambling Odds In Computer Games Suffer Some Fallout

Nich Moore May 5, 2020 16:01:56

Over the course of the last decade the gaming world has continued its flirtation with gambling, but with the caveats of clarity. As online sportsbook sites in the UK like Bet365 have risen to popularity games have needed to be careful. Gambling odds in computer games make an ever more aware population nervous. When just part of a game, self-contained as in Fallout New Vegas, it’s fine. However, as the lines between games and reality blurred, things went awry.

Loot Box Gambling in the UK – Ban or Regulate?

Meruyert February 27, 2020 13:10:08

Loot boxes have become an extremely popular feature in modern video games. Revenue from the loot box gambling in the UK is expected to hit a £35 billion benchmark by 2022. While some countries have already categorized loot-box-systems as a form of gambling, there is still an ongoing debate about loot boxes in the UK.

Seven Bans The Gambling Industry Needs To Impose On Itself

Nich Moore May 4, 2018 04:35:51

Despite launching itself onto the clean fresh air of the Internet’s highlands with the enthusiasm of a hungry tiger in a school playground the gambling industry is still reticent to rid itself of the grubby stains on its character that continue to hamper it with negative connotations. Wholesale reform might be prohibitively complex and expensive, […]

Are Children Gambling On The Net With Help From Games Firms?

Nich Moore October 31, 2017 09:25:02

Whilst gambling online at sites like BetVictor is now all but ubiquitous for the adult population children gambling anywhere is still considered taboo, however this Halloween with the big games makers facing massive rising costs in development of ever grandiose games does their new loot-boxes-for-cash revenue stream scheme amount to encouraging kids to gamble? We […]