She said: "They are often used in video games aimed at young people, allowing players to pay for random prizes like in-game ...
The FTC penalized the Genshin Impact developer for misleading marketing around loot boxes and breaching child privacy laws.
HoYoverse, publisher of the popular gacha game Genshin Impact, has agreed to pay a $20 million fine and change its marketing ...
The company will pay, and make changes to its disclosures ...
In a recent interview discussing the upcoming WWE 2K25, VGC asked if 2K could potentially resolve this in future games, by ...
Genshin Impact developer Cognosphere (aka Hoyoverse) has agreed to a $20 million settlement with the U.S. Federal Trade ...
Genshin Impact uses loot boxes to promote in-game purchases and the financial implications were allegedly dangerous for children and teenagers. In a complaint to the FTC, the US DoJ alleged ...
Update: Cognosphere confirms it has reached a settlement with the FTC, plans new restrictions on Genshin Impact loot box ...
The Federal Trade Commission (FTC) announced that companies misleading players about the “true cost of in-game transactions” ...
Loot boxes—which are a huge part of how the mobile gaming industry makes money—have been a controversial topic for a long time, any many platforms have attempted to crack down on their misuse ...