Are Loot Boxes Gambling? – All you Need to Know

If you are someone who is very much familiar with video games such as FIFA video game series, Call of Duty and Battlefield then you must be familiar with loot boxes are all about. Since some countries excluding Australia are facing some gambling restrictions, loot boxes have become a new way of gambling.

However, it is not a secrete that the future loot boxes in gambling is still in shacky legs. But that will not hinder us from having a look at them and see how they will benefit real money gamblers.

There are a lot of things that have been said about loot boxes and some are true and some are false. Therefore, we are going to clear the air and clarify what they are all about.

What Are Loot boxes?

Loot boxes are also known as crate boxes. These are misery boxes that you can get on video games. They act as a random gift that players will get when they are playing a certain game that offers such. They are literally an entertainment portion that is available in the iGaming to enhance the players’ chances of winning amazing prizes in gaming.

Loot Boxes Regulations

As much as the boxes offer us the best gaming experience. One will wonder if they are legal. Well, this has always been a tricky subject. And the legalities of loot box depend on the country’s gambling regulations and how they view this feature in gambling.

In some countries the loot box is a very good practice in gambling. But some countries have totally banned it. The first country to ban this feature in gambling is Belgium back in April 2018. The decision came after examining only four games. But there are also countries such as Netherlands and Sweden who have marked loot box legal and they are highly used in most gaming arcades of these countries.