Both Belgian and Hawaiian authorities are calling for a ban and launching investigations into loot boxes, but what about the UK Gambling Commission? The answer seems to be no: based on Parliament’s definition of what is legally classed as gambling, loot boxes aren’t a problem because players don’t have the ability to “cash out.”
“A key factor in deciding if that line has been crossed is whether in-game items acquired ‘via a game of chance’ can be considered money or money’s worth,” Miller continued. “In practical terms this means that where in-game items obtained via loot boxes are confined for use within the game and cannot be cashed out it is unlikely to be caught as a licensable gambling activity. In those cases, our legal powers would not allow us to step in.”
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Source: [H]ardOCP – UK Gambling Commission Weighs In on Regulating In-Game Loot Boxes