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Posts tagged “FTC”

ESA defend loot boxes again, while IGDA call for industry self-regulation

Several video games industry associations have reacted to the news that the USA's Federal Trade Commission (FTC) are planning to investigate loot boxes over concerns about potential impact on children. America's Entertainment Software Association (ESA), whose duties include running the E3 games show, have repeated their stance that loot boxes "can enhance the experience" and aren't gambling and they're fine okay just leave it. The…

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FTC & Australian Senate committee give loot boxes the stink eye

Several government bodies around the world are continuing to eye loot boxes with suspicion, with yesterday alone bringing news that the USA's Federal Trade Commission is investigating them and an Australian Senate committee has concluded that the government should take a closer look. No, neither of those steps is close to sparking actual industry-wide changes to exploitative loot boxes, but it's potentially laying groundwork for…

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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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