Uk S House Of Lords Says Loot Boxes Are Gambling And Should Be Regulated
The Gambling Committee of the UK’s House of Lords has concluded in a report issued this week that loot boxes in video games should be classified as “games of chance”, which would put them within the purview of the Gambling Act of 2005. As such, the Lords called for loot boxes to follow the same regulations as gambling products. “The government must act immediately to bring loot boxes within the remit of gambling legislation and regulation,” the House of Lords said, as reported by The BBC....