Activision
Brazil Launches Inquiry to Ban Loot Boxes
The Brazilian authorities have launched an inquiry aimed at banning loot boxes in the country, on the recommendation of the National Association of Child and Adolescent Defense Centers (ANCED).
The association argued that the randomized monetization mechanics are a form of gambling, which is illegal in Brazil, The Esports Observer reported.
The inquiry targets companies that sell loot boxes, including Activision, EA, Konami, Nintendo, Riot Games, Ubisoft, Tencent, and Valve.
If the ban is approved, Brazil could fine violators up to $706,000 per day.
Powered by WPeMatico
-
Compliance Updates7 days agoEndorphina secures UAE Gaming-Related Vendor License (Tier II) from GCGRA
-
Asia6 days agoKazakhstan Orders Telecom Providers to Block Illegal Online Casino Payments via Mobile Balances
-
Acquisitions/Merger7 days agoPetroglyph Development Group Completes Acquisition of Great Canadian Casino Vancouver
-
Africa7 days agoJogabets migrates to VeliTech iGaming platform for Mozambique operations
-
Ilkka Kosola7 days agoVeikkaus Appoints Ilkka Kosola as its New Chief Financial Officer
-
Booming Games7 days agoBooming Games launches Berserkin’ Buffalo Power Hit slot
-
Games Global7 days agoGames Global launches Candy Combo 2 Power Combo with Slingshot Studios
-
Latest News7 days agoSoft2Bet Launches QuickCasino.dk in Denmark



