FIFA Furor! Why The UK May Have Just Stopped Loot Box Bans (VL77) (Hoeg Law)

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By Hoeg Law. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
The UK Gambling Commission has now formally stated whether it believes the UK's laws give it the authority to regulate loot boxes and other monetization strategies (such as the fantastically popular FIFA Ultimate Team). What did the UK Gambling Commission decide? How did the text of the the 2005 Gambling Act help lead the Commission to its decision, and how might the law be interpreted otherwise for those inclined to do so? What does this mean for the FTC, Senator Hawley's proposed loot box bill, and the United States response to loot boxes in general? And how has Valve, through it's failure to supervise the grey markets related to Counterstrike, helped to foment the legislative angst we are seeing now? Don't worry, we primarily do gaming, not gaming...in Virtual Legality. CHECK OUT THE VIDEO AT: https://youtu.be/vj053LPu93M #FIFA #LootBoxes #VirtualLegality *** Discussed in this episode: "Fifa packs and loot boxes 'not gambling' in UK" BBC News - July 22, 2019 - Zoe Kleinman (https://www.bbc.com/news/technology-49074003) "Gambling software" UK Gambling Act 2005, Section 41 (http://www.legislation.gov.uk/ukpga/2005/19/section/41) "Gambling" UK Gambling Act 2005, Section 3 (http://www.legislation.gov.uk/ukpga/2005/19/section/3) "Gaming & game of chance" UK Gambling Act 2005, Section 6 (http://www.legislation.gov.uk/ukpga/2005/19/section/6) "Betting: general" UK Gambling Act 2005, Section 9 (http://www.legislation.gov.uk/ukpga/2005/19/section/9) "Betting: prize competitions" UK Gambling Act 2005, Section 11 (http://www.legislation.gov.uk/ukpga/2005/19/section/11) "Lottery" UK Gambling Act 2005, Section 14 (http://www.legislation.gov.uk/ukpga/2005/19/section/14) "ELECTRONIC ARTS USER AGREEMENT" Updated July 18, 2019 (https://tos.ea.com/legalapp/WEBTERMS/US/en/PC/) "Valve ordered to tackle 'skin betting'" BBC News - October 6, 2016 (https://www.bbc.com/news/technology-37573818) *** FOR MORE CHECK US OUT: On Twitter @hoeglaw At our website: https://hoeglaw.com/ On our Blog, "Rules of the Game", at https://hoeglaw.wordpress.com/ On "Help Us Out Hoeg!" a regular segment on the Easy Allies Podcast (formerly GameTrailers) (https://www.youtube.com/channel/UCZrxXp1reP8E353rZsB3jaA)

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