Genshin Impact maker will pay a $20 million fine to settle FTC charges that allege they misled players about lootbox odds | Gaming

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Genshin Impact‘s developers have agreed to pay a $20 million (around £16.4m) fine to settle charges brought by the US Federal Trade Commission. The FTC allege that HoYoverse “unfairly marketed loot boxes to children that obscured real costs and misled all players about the odds of obtaining prizes.” HoYoverse will also be banned from selling lootboxes to children under 16 without parental consent.

The complaint (PDF) alleges that Genshin Impact’s warren of different currencies is “challenging and confusing, particularly for children and teens.

“Players must exchange real dollars for bundles of virtual currency that then have to be re-exchanged multiple times to open loot boxes, with exchange rates in unusual denominations. This complicated system, according to the…more

Source www.rockpapershotgun.com

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