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TopicEA responds to Regulators Classifying Some Loot Boxes as Gambling
CapnMuffin
05/09/18 1:01:00 PM
#40:


EverDownward posted...
CapnMuffin posted...
chrono625 posted...
QassTank posted...
Honestly though, I've always been surprised that TCG packs aren't considered gambling...


Here I can see the theory behind it.

The problem is, is that those cards are mine. I can sell them and I can trade them to someone who wants them.

With these loot boxes you dont even technically own anything.

You cant even sell your account either as per their TOS.

That actually helps their case that it isnt gambling.

Unfortunately I dont see this as the legal definition of gambling. People are forking over cash for a random assortment of digitial information that you neither own nor has any intrinsic monetary value.

Its stupidity, not gambling.

You're putting up real money for a chance of getting a payout of something highly valuable. Nobody gambles in the hopes of getting a bad outcome, nobody buys lootboxes in the hopes of getting a bad outcome.

Yes. And? Im not sure what point you were making. Im sorry.
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