Genshin Impact Publisher Hit With $20M 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 to pay $20M fine to US Federal Trade Commission over loot box violations
The company will pay, and make changes to its disclosures
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.
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 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
'Genshin Impact' Developer Settles FTC Complaint For $20 Million, Banned From Selling Lootboxes To Minors
As an open world action title, Genshin Impact highlights its feature as freely explorable world, multiple playable characters, an in-depth elemental combo-based combat system and an engaging story.
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,
Game Industry News12d
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, ...
BBC3mon
What are loot boxes?
In video games we all want our characters to stand ... So the more you pay in total, the less you pay per loot box. This encourages you, the player, to spend more money at once in order to get ...
AOL1mon
Top-selling mobile games break rules on loot boxes
The regulator, the Advertising Standards Authority (ASA), says it bans and removes ads which fail to make the clear whether or not a game contains a loot box ... Y Xiao, a video game ...