Loot boxes in Europe: what does the future hold?

Edoardo Tedeschi, partner and head of IT in Italy at international law firm Simmons & Simmons, takes a look at the state-of-play as the continent tackles Random Chances Purchases

A lot is being said about Random Chances Purchases (“RCP”), better known as loot boxes, the fast growing and incredibly remunerative business model in the video game industry. At a European level, the debate is focused on whether to classify the loot boxes as gambling and hence to specifically regulate them. This debate is driven largely…

Consumer Protection | Europe | European Commission | Legislation | Loot boxes | Regulation | Simmons & Simmons | Video gaming