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.”
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 practices.
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 developer to pay $20M fine to US Federal Trade Commission over loot box violations
The company will pay, and make changes to its disclosures
Genshin Impact Developer Agrees to $20 Million Settlement Over Lootbox Deception
The developer behind the popular video game Genshin Impact, Cognosphere Pte. Ltd., has agreed to a $20 million settlement with the
Genshin Impact Developer Banned From Selling Lootboxes To Minors
Genshin Impact developer Cognosphere has agreed to pay the FTC $20m in fines for selling lootboxes to minors in a new settlement
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.
FTC Bans Genshin Impact's HoYoVerse From Selling Lootboxes To Teens Under 16, Adds $20 Million Fine
Today, the FTC (US Federal Trade Commission) announced a settlement with Genshin Impact developer HoYoVerse (Cognosphere) regarding marketing loot boxes to children. According to the announcement, HoYo,
FTC Imposes $20 Million Fine on Cognosphere for Misleading Loot Box Practices
The Federal Trade Commission (FTC) has fined Cognosphere, the publisher behind popular games like Genshin Impact, $20 million. The penalty comes as a result of allegations that the company misled users,
Developer Cognosphere Banned from Selling Loot Boxes to Teens Under 16, Fined $20M By FTC
Today, the United States Federal Trade Commission has published a summary of their case against ‘Genshin Impact’ developer Cognosphere, issuing a $20M USD monetary penalty against “Cognosphere Pte. Ltd” and “Cognosphere LLC”.
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
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Loot Boxes vs. Jackpots: The Thrill of Chance Across Gaming Worlds
There are several commonalities between loot boxes and jackpots. Many loot boxes offered by games like Overwatch, Roblox, ...
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Genshin Impact maker will pay a $20 million fine to settle FTC charges that allege they misled players about lootbox odds
The allegation that Genshin Impact misleads children about the odds of winning "Five-Star Prizes" in part relates to the ...