And potentially ban them altogether. Updated on 7 April 2021
It seems like yet another country is taking a close look at how loot boxes fit with current law, as Brazilian authorities have accepted a request to investigate and potentially ban the controversial microtransactions.
The inquiry comes in response to a recommendation by the National Association of Child and Adolescent Defense Centers (ANCED), which has filed several lawsuits against game companies over their use of loot boxes. ANCED argues that loot boxes are a harmful form of gambling - a banned activity in Brazil (via The Esports Observer).
Brazilian website The Enemy had access to the legal process involving publisher Garena (known for mobile battle royale game Free Fire), and reported that companies including Activision, Electronic Arts, Riot Games, Nintendo, Konami, Valve, Ubisoft, Tencent, Microsoft, Apple, Google, and Sony have been cited in the lawsuit. ANCED is apparently
British retail betting report
2 minutes read
The future of retail betting in Great Britain is unclear. At a time when the market is being reshaped, by M&A, regulatory changes and Covid-19 closures, this report asks how a sector that has proved so resilient in the past can continue to endure.
Read the full report below.
The effect of the £2 stake limit imposed on B2 gaming machines at the start of April 2019 was immediate and dramatic.
Gaming machine revenue for the year to March 2020, as tracked by the UK Gambling Commission, tumbled by 41% to £1.075bn, while betting revenue fell in sympathy, dropping to £1.28bn or 5.2% down on the previous year.
Are US Online Casinos with offshore jurisdictions safe?
Are US Online Casinos with offshore jurisdictions safe? How to check if a gaming site is licensed by worldwide known regulation bodies to guarantee the safety of players.
When it comes to the gambling industry, there are two types of casinos. That is, regular casinos and offshore casinos. Why exactly are US online casinos licensed and regulated in offshore gaming jurisdictions? In this article, we aim to clarify if any scams are surrounding these offshore jurisdictions.
What are offshore online casinos?
Offshore online casinos are gambling sites that operate from different countries other than their own. Since many gambling sites prefer to set up their operations in countries with favorable gambling regulations, there are high chances that the gambling site you choose to play with has their operations based in an outside country from your home region. This is why they are known as ‘offshore casinos’.
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UKGC: Market fairness comes first in new corporate strategy Share
UK Gambling Commission (
UKGC) has laid out the strategic objectives of its new ‘corporate strategy’ on how it will govern the licensed incumbents of the UK’s regulated gambling marketplace.
Launching a ‘new three-year strategy’, the Commission stated that its ‘regulated market objectives’ will prioritise:
The prevention of gambling becoming a source of crime or social disorder
Ensuring that all gambling activities are conducted in a fair and open way
Protecting children and vulnerable people from being harmed by gambling disorders.
The new strategy has been established taking in recommendations from the