Electronic Arts Responds to Regulators over Loot Boxes being Gambling

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During Electronic Arts’ financial conference call for the fourth quarter of fiscal year 2018, Chief Executive Officer Andrew Wilson responded to a question concerning the fact that a few regulatory bodies in Europe classified loot boxes in some games, including FIFA 18, as gambling.

Wilson mentioned that the publisher is working with all of the industry associations globally and with regulators in various jurisdictions and territories. They have already been working with many of them for some time, and have “evaluated and established that programs like FIFA Ultimate Team are not gambling.” He also confirmed that EA does not believe that FIFA Ultimate Team or loot boxes, in general, are gambling.

The reasoning behind that is that players always receive a specific number of items in each pack, and secondly, EA does not provide or authorize any way to cash out those items for real-world money. There is no economic value assigned to them. They also actively seek to eliminate any kind of trading in illegal environments, working with regulators to achieve that.

As a result, the publisher is “continuing to push forward and always thinking about players” and how to deliver the features “in a transparent, fun, fair, and balanced way.” They will continue to work with regulators around the world on this.

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Related Forum: Gaming Discussion

Source: https://www.dualshockers.com/fifa-18-gambling-ea-response/

Comments

"Electronic Arts Responds to Regulators over Loot Boxes being Gambling" :: Login/Create an Account :: 5 comments

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TOXICPosted:

No surprise there lol, aint gonna be saying no to all that dollar lmao.

HOFPosted:

Of course they don't agree lol. They make tons of money off of it.

322Posted:

While I don't agree its actually an interesting concept since they don't offer a way to cash out for real world currency. But onto getting a set amount shouldn't make it gambling or not. In australia poker machines have to pay out 85-90 of the money put into them back to the player.

In saying that, I do like the gambling aspect of some games like cs:go. I think its fun opening a couple crates you just have to be realistic with it. Maybe a system to verify someone is of legal age to gamble would work.

MushroomElmPosted:

"There is no economic value assigned to them" as they make you pay with an economically backed currency...
There is no end to Loot boxes, until the Government forces it. You'd think they'd learn with the whole stocks crashing thing. Oh well.

MazePosted:

They will do anything to keep money coming in. Of course they don't agree lol