Friday, December 1, 2017

Take-Two President Says Lootboxes Aren’t Gambling

Take-Two president Karl Slatoff has given her two cents on the lootbox controversy happening around the industry. "The whole gambling regulator thing, we don't view that thing as gambling," Slatoff said. "Our view is the same as the ESA statement, for the most part. So that's going to play its course." Lootboxes have become unpopular among the gaming community and, more alarmingly for companies like Take-Two, are being pointed to as harbingers of an easy avenue for gambling by local and federal governments both internationally and abroad. "In terms of the consumer noise you hear in the market right now, for me it's really all about content. It's about over-delivering on content," said Slatoff. "You can't force the consumer to do anything." Thoughts ?

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