South Korean Companies Fined $1 Million Over Deceptive Loot Box Odds

Three South Korean games developers, have been hit with fines totaling nearly $1 million for misrepresenting the odds used in their in-game loot boxes. According to the Korean Herald, the country’s largest games developer, Nexon Korea, received the lion’s share of fines – around $890,000 – for deceiving customers over the chances of winning virtual … Continue reading South Korean Companies Fined $1 Million Over Deceptive Loot Box Odds