House of Lords Wants Loot Boxes Regulation

In what could turn out to be a disaster for simulation game NBA 2k20, the United Kingdom’s House of Lords has reportedly decided to classify loot boxes as wager. According to reports, if this motion is given the green light, all games with loot boxes could be affected

According to reports, if these highly popular loot boxes are classified as unethical, then any game with these machines will have to follow an above 18 age limit. This will be applicable only if the concerned authorities follow the rules and regulations.
This recent development will be a big blow for games like NBA 2K20 because the aftermath might force the makers to change the age limit or discard these machines.
Negative Criticism for Highly-Anticipated Trailer
House of Lords’ decision might not come as a surprise because the official trailer featuring NBA 2K20’s My Team mode, received a lot of criticism for showcasing such things. The game’s trailer was subject to blame. The trailer also revealed the minigames such as slot machines, roulette wheels, pachinko, the opening of randomized card packs, and ball-drop games. These features made it hard for the company to defend its other actions.
The game’s trailer met with negative reviews because it was released when loot boxes were being carefully monitored and regulated under the concerned governing bodies.
Big Financial Blow for NBA 2K20
The current situation will result in a significant financial blow for the companies because loot boxes have always bought in a lot of revenue. According to reports, this is not the first-time questions about loot boxes have cropped up.
According to the House of Lords’ latest reports, quick action needs to be taken as game developers have had a freeway.
NBA 2K20 has been created as a basketball simulation video game. It has been conceptualized by Visual Concepts and published by 2k Sports. This highly popular game is based on the National Basket Association (NBA). The 2020 edition is the 21st installment in the NBA 2K franchise.
A Live Simulation Experience for Gamers
Los Angeles Lakers player Anthony is this edition’s cover feature while Dwyane Wade is the cover athlete for the ‘Legend Edition.’ NBA 2K20 released on September 6, 2019. It has been released for platforms such as Xbox One, PlayStation 4, Microsoft Windows, Nintendo Switch. The game was released for the Stadia platform on November 18, 2019.
Anyone signing up for the game can play with real-life and customized players and teams. This NBA game follows official rules set by the National Basketball Association. The latest edition features the MyTeam mode. The makers released this feature for users to create the ‘Ultimate’ basketball team and maintain a virtual trading card collection.
Assets for a particular team can be acquired through random card picks or the auction house. Virtual currency is used a lot in the MyTeam mode. Gamers also have the option to participate in tournament-styled games against other players’ teams in different formats.

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