NOT SURE IF TRUE, BUT IF IT IS.....
So, EA may have shit EVERY bed for any lootbox-based game out there.
For those who don't want to click that link to KnowYourMeme (and I would understand), here's the deal:
Belgium has marked Lootboxes as Gambling, and is going to be bringing the "Lootboxes are Gambling" subject to the EU congress. If they pass with a minimum of 20 votes of the 200 countries, ALL of the countries in the EU will have the option to label Lootboxes as Gambling. It can be passed in a small court and they don't need to announce that they are doing so.
What does that mean?
ALL companies that engage in Lootbox sales WILL have to purchase a GAMBLING License that will consist of 20% of their taxes on the system from last year, and they MUST re-buy this license EVERY YEAR. The companies may also be taxed for every PREVIOUS YEAR they offered Lootboxes within the countries that declared them gambling. They must ALSO make all drop rates and quality ratings PUBLIC.
In some countries, the taxes on the lootboxes might be between 40%-80%.
Hawaii has also been jumping on this little float box, with six more US states threatening to do the same if it takes hold.
TL: DR; - We may be witnessing the most well-deserved tanking of a shitty "AAA" game developer and the end of the toxic Lootbox moneygrab horseshit.
Gather thy spit and scorn and remember to aim high. The focus of our contempt should lie with the upper management and shareholders, as after all, they hold the primary blame for everything that they hath wrought.
So, EA may have shit EVERY bed for any lootbox-based game out there.
For those who don't want to click that link to KnowYourMeme (and I would understand), here's the deal:
Belgium has marked Lootboxes as Gambling, and is going to be bringing the "Lootboxes are Gambling" subject to the EU congress. If they pass with a minimum of 20 votes of the 200 countries, ALL of the countries in the EU will have the option to label Lootboxes as Gambling. It can be passed in a small court and they don't need to announce that they are doing so.
What does that mean?
ALL companies that engage in Lootbox sales WILL have to purchase a GAMBLING License that will consist of 20% of their taxes on the system from last year, and they MUST re-buy this license EVERY YEAR. The companies may also be taxed for every PREVIOUS YEAR they offered Lootboxes within the countries that declared them gambling. They must ALSO make all drop rates and quality ratings PUBLIC.
In some countries, the taxes on the lootboxes might be between 40%-80%.
Hawaii has also been jumping on this little float box, with six more US states threatening to do the same if it takes hold.
TL: DR; - We may be witnessing the most well-deserved tanking of a shitty "AAA" game developer and the end of the toxic Lootbox moneygrab horseshit.
Gather thy spit and scorn and remember to aim high. The focus of our contempt should lie with the upper management and shareholders, as after all, they hold the primary blame for everything that they hath wrought.