Gambling Laws
Ongoing coverage on Gambling Laws.
Latest coverage
Sweepstakes Casinos Are Catching the Eye of the Console Gaming Crowd
Sweepstakes casinos, a promotional structure designed to circumvent gambling laws by offering a free entry route, are prevalent in the US but largely absent in the UK due to the latter's established licensed online gambling market. The article explains the mechanics of sweepstakes casinos, contrasting them with UK licensed casinos and console loot boxes, and notes that the US model is facing increasing legal challenges and contraction.
CFTC sues three states for trying to regulate prediction markets
The Commodity Futures Trading Commission (CFTC) is suing Illinois, Arizona, and Connecticut for attempting to regulate prediction markets, asserting its exclusive jurisdiction. The CFTC views these markets as trading in futures contracts, distinct from illegal gambling, while the states argue they are overstepping their authority. The lawsuit highlights ongoing disputes over the classification and oversight of prediction markets, with potential implications for market participants and regulatory frameworks.
Counter-Strike 2 Drops X-Ray Scanner for German & Dutch Players
Valve has implemented an X-Ray Scanner feature in Counter-Strike 2 for players in Germany and the Netherlands to comply with EU gambling laws regarding loot boxes. This scanner allows players to see the contents of containers before opening them, removing the element of chance. The change has sparked debate about its impact on the game's economy and the excitement of opening containers.
Valve responds to New York Attorney General lawsuit
Valve has responded to allegations from the New York Attorney General, stating they disagree with claims of violating state gambling laws. The company intends to contest the lawsuit in court.
Valve Addresses Lawsuit by New York Attorney General, Says it Will Wait for a Court’s Decision
Valve has responded to a lawsuit filed by the New York Attorney General regarding loot boxes in games like Counter-Strike 2 and Dota 2. The company argues that these items are comparable to trading cards and that players are not required to purchase them. Valve expressed concerns about proposed changes, particularly regarding the transferability of digital items and invasive data collection, and stated they will await a court decision.
Valve posted a statement on the New York lootbox lawsuit
Valve has issued a statement addressing the New York Attorney General's lawsuit concerning lootboxes in Counter-Strike 2, Dota 2, and Team Fortress 2. The company argues that these mystery boxes do not violate gambling laws and compares them to tangible collectible items like baseball or Pokemon cards. Valve also expressed concerns about the Attorney General's demands for increased personal data collection for age verification and the proposed removal of item transferability.
