Group Admins
“There are a myriad of bad, corrupt ways to manage the gaming industry in the present We’re testing all possible.”
Morrison mentioned that certain variants of the lootbox formula might conform to the legal standards for gambling in certain countries specifically as lawmakers in the US and elsewhere consider taking a harder stance on the current system through legislation that is targeted. While he said that some games might be closer than others–for example, players can sell the randomly awarded skins and other in-game items for Counter-Strike: Global Offensive or Dota 2 on the Steam marketplace–previous efforts to regulate this sort of activity were stymied by the fact that it’s difficult to “cash out” of the store entirely, making the line between earning in-game items and converting them to cash less clear. (You may sell your account to a third-party site like Ebay however, this are against those who violate the Steam Terms of Service.)
“Let’s not forgetthat legally speaking the fact that you do not possess any of these games. You have a license to play these games,” Morrison said. “You aren’t able to give all of your Steam library or library of games to your child, it’s not yours, it’s a non-transferable license… As long as there’s an economic model that is proven to be good which is a good one, I don’t think one of the gaming companies investing any of their time figuring this out, unless government decides to make them. There are a million infected, criminal ways to run the gaming industry in the present and we’re testing all possible options.”
Even though both the developers and those who are watching can wax philosophical about the ethical tangles that these so-called “surprise mechanics” produce, others in the industry aren’t so concerned. According to Michael Pachter, managing director at Wedbush Securities and a long-time analyst of the market for gaming this color-grading of virtual goods is just another step in the process of bringing the concept of microtransactions down to a perfect money-making algorithm.
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