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Valve comes out swinging against New York lawsuit with rare public statement: 'The type of deal that would satisfy the NYAG would have been bad for users and other game developers'

Valve has publicly responded to a lawsuit filed by the New York Attorney General, defending its practices regarding in-game loot boxes and stating they do not constitute illegal gambling under state law. The company highlighted its efforts to combat fraud and theft related to virtual items and expressed concern that the AG's demands would negatively impact users and other developers.