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Posts tagged “Federal Trade Commission”

Major developers will disclose odds on loot boxes in effort to avoid government regulation

Publishers including Activision Blizzard, Electronic Arts, and Ubisoft vow to disclose the odds governing loot boxes within their games, the Entertainment Software Association (ESA) have announced. The three main console manufacturers will also require games on their systems to reveal odds, which should have a knock-on benefit for us here on PC too. This news came yesterday, on a day when the US Federal Trade…

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Counter-Strike skin gambling: site owners settle with FTC after social media endorsement disclosures

The owners of a Counter-Strike: Global Offensive skin gambling site, CSGOLotto, have been told by the US's Federal Trade Commission (FTC) that they must now "clearly and conspicuously disclose any material connections with an endorser or between an endorser and any promoted product or service". The requirement is part of the settlement of an FTC complaint which alleged Trevor "TmarTn" Martin and Thomas "Syndicate" Cassell…

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