The state of New York alleges that Valve's loot boxes and skin trades, worth billions of real-world dollars, operate as an illegal casino.
NEW YORK (AP) — New York’s attorney general has sued video game developer Valve, claiming the “loot boxes” found in Counter-Strike and other popular video game franchises illegally promote gambling.
"Counter-Strike" made nearly $1 billion from loot boxes last year. Regulators have argued over whether loot boxes should be considered gambling. One study found that 71% of gamers between 2010 and ...
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