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    Video game loot boxes ‘are gambling and should be regulated’, says House of Lords

    Purchasing loot boxes in video games is equivalent to gambling, according to a House of Lords committee, which recommends that the controversial products be regulated under the Gambling Act.

    Loot boxes can be purchased in many games – including those popular with younger players such as FIFA – and offer randomised rewards, some of which would be worth far more than the cost of the purchase itself.

    The way the purchases offer mystery in-game rewards to players means they should be classified as gambling, according to a new report by the House of Lords Gambling Committee.

    The committee called for the government to “act immediately to bring loot boxes within the remit of gambling legislation and regulation”.

    source: sky news

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