She said: "They are often used in video games aimed at young people, allowing players to pay for random prizes like in-game ...

Genshin Impact uses loot boxes to promote in-game purchases and the financial implications were allegedly dangerous for children and teenagers. In a complaint to the FTC, the US DoJ alleged rampant ...

More minors and young people are gambling in Sweden, driven by features such as loot boxes and skin gambling, ...

Genshin Impact developer Cognosphere has agreed to pay the FTC $20m in fines for selling lootboxes to minors in a new settlement ...

Acting Chair Named for CFTC Opens Door to Event Contracts While Departing Chair Cautions Against Expansion Commissioner Caroline D. Pham has ...

The prevalence of loot boxes and skin gambling in video games is contributing to an increasing interest from young Swedish ...

Sweden’s gambling authority, Spelinspektionen, has released a follow-up report to its 2023 survey on the increasing ...

A new study into the harmful risks of gambling on young people found loot boxes blurred the line between gaming and gambling. Loot boxes are a feature where gamers use real money, or in-game ...