Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data.
Genshin Impact developer to pay $20M fine to US Federal Trade Commission over loot box violations
The company will pay, and make changes to its disclosures
FTC cracks down on Genshin Impact gacha loot box practices
Genshin Impact developer Cognosphere (aka Hoyoverse) has agreed to a $20 million settlement with the U.S. Federal Trade Commission (FTC) over its gacha loot box monetization and is now banned from selling them to teens under the age of sixteen without parental consent.
Genshin Impact maker fined $20M over loot box deception
The FTC penalized the Genshin Impact developer for misleading marketing around loot boxes and breaching child privacy laws.
Genshin Impact Publisher Hit With $20M FTC Fine for Marketing Loot Boxes to Children
The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” will be “held accountable.”
Genshin Impact Developer Agrees to $20M Fine Over Loot Box Violations
In press release by the FTC, the agency announced that the makers of Genshin Impact "has agreed to pay $20 million and to block children under 16 from making in-game purchases wit
PCMag on MSN1d
Genshin Impact Publisher Hit With $20M Fine for Marketing Loot Boxes to Children
The FTC's complaint alleges that Singapore-based Cognosphere deceived children and other users about the real costs of ...
‘Genshin Impact’ Must Pay $20 Million For Misleading Players About Gacha Spending
Genshin Impact remains one of the most popular gacha games in the world, constantly adding new regions and characters, but ...
Google Threatens To Ban Luck Be A Landlord, Again
Largely due to reasons of exhaustion, the developer's current plan is to shrug their shoulders and take the blow in stride.
Hoyoverse is facing a $20M fine over its loot box mechanics
HoYoverse, publisher of the popular gacha game Genshin Impact, has agreed to pay a $20 million fine and change its marketing ...
GameSpot1d
Genshin Impact Might Soon Have To Pay You Money
The FTC and HoYoverse are reportedly near a settlement that may send money out to Genshin Impact players over loot boxes.
Sports Illustrated23d
Coffeezilla Calls Out Valve in Latest CS:GO Gambling Expose
Since Counter-Strike 2's weapon cases are not technically classified as gambling items, individuals of any age can open loot boxes without showing any form of ID. Coffeezilla compares this to ...
AOL1mon
Top-selling mobile games break rules on loot boxes
Loot boxes contain random digital items that gamers ... But critics say they are in fact a form of gambling, with a report in 2022 by the Norwegian Consumer Council concluding they "often ...