Tag

#Loot Boxes

2 articles

Tech

Valve Under Fire: Loot Boxes Spark Gambling Lawsuit

Valve is facing a lawsuit from New York State over loot boxes in CS2 and Team Fortress, which the state deems gambling. Valve defends its system by comparing it to collectible card markets, but the case raises broader questions about game monetization and regulation.

1 month ago
Finance

Valve’s Counter-Strike Gambling: A Loophole-Ridden Industry

Valve's Counter-Strike faces ongoing scrutiny over its loot box system, which critics argue functions as a gambling mechanism. Despite years of controversy and regulatory findings, the company has largely relied on legal loopholes, such as the inability to directly cash out virtual skins, to avoid gambling regulations, raising concerns about underage participation and ethical business practices.

2 months ago