New York sues Valve for enabling "illegal gambling" with loot boxes

5 hours ago

New York state has filed a lawsuit against Valve, alleging that loot boxes in games like Counter-Strike 2, Team Fortress 2, and Dota 2 constitute unregulated gambling.
The lawsuit highlights that Valve's system allows users to sell virtual items won from loot boxes, with rare items fetching thousands of dollars, fitting the legal definition of gambling.
Steam Wallet funds from reselling skins have purchasing power equivalent to cash on Steam, and users can convert these funds to real cash by purchasing and reselling hardware like the Steam Deck.
The author expresses disappointment with Valve's involvement in loot boxes, suggesting they should discontinue the practice due to its negative aspects and reliance on other revenue streams.

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