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Valve argues loot boxes "widely used, not just in video games but in the tangible world" as it expresses 'disappointment' over New York state lawsuit

Valve has responded to a lawsuit filed by New York State, which alleges that its loot box system constitutes illegal gambling. The company expressed disappointment, arguing that the transferability of digital items is beneficial to consumers and that their "mystery boxes" are comparable to tangible collectibles like baseball cards. Valve also highlighted its efforts to combat the misuse of game items on gambling sites and its concerns about the invasive data collection proposed by the state.

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