GamingNews

Sony, Microsoft and Nintendo agree to disclose loot box odds

Loot boxes have been a source of controversy in recent years. They offer gamers a way to snag virtual items, but because the rewards are typically randomized and players can buy them with real money, they’ve been called as a form of gambling. Some jurisdictions have banned them completely, and others have looked into them. The games industry is attempting to soothe those concerns. Microsoft, Sony and Nintendo have agreed to disclose the odds of obtaining highly-sought-after gear inside loot boxes.

They’ll require all publishers of upcoming PlayStation, Xbox and Switch games to reveal the chances of earning rare items. Some publishers do so already, and several others have agreed to make the disclosures in their forthcoming titles. Those who have signed up include Activision Blizzard, Bandai Namco, Bethesda, Bungie, EA, Take-Two Interactive, Ubisoft, Wizards of the Coast and Warner Bros.

The initiative doesn’t extend to other platforms, with PC being the major omission. Still, you can probably expect some publishers to disclose loot box odds there too.

Gaming industry group the Entertainment Software Association (which runs E3) announced the measure Wednesday at a Federal Trade Commission workshop on loot box consumer protection issues. The timeline of rolling out the disclosures is in flux, but Sony, Nintendo and Microsoft are hoping to have them in place by next year.


Author: Kris Holt
Source: Engadget
Tags: activision blizzard, activisionblizzard, bandai namco, bandainamco, bethesda, bungie, business, ea, gaming, loot box, loot boxes, lootbox, lootboxes, microsoft, nintendo, sony, take-two interactive, taketwointeractive, ubisoft, warner bros, warnerbros, wizards of the coast, wizardsofthecoast


Related posts
AI & RoboticsNews

Why AI won’t make you a better writer

AI & RoboticsNews

Snowflake Build: the 4 biggest announcements on Cortex AI and more

AI & RoboticsNews

AI search wars heat up: Genspark adds Claude-powered financial reports on demand

DefenseNews

Kongsberg wins biggest-ever missile contract from US Navy, Marines

Sign up for our Newsletter and
stay informed!