Student at Sastra University, Thirumalaisamudram, Thanjavur, India
Student at Sastra University, Thirumalaisamudram, Thanjavur, India
Loot boxes, random reward mechanisms in video games, have sparked extensive legal debate due to their resemblance to gambling, especially as they often involve real-money transactions. This article explores loot boxes' legal, psychological, and ethical challenges, with a focus on India’s regulatory landscape. By comparing regulatory frameworks from nations like Belgium, China, and the UK, the study highlights potential pathways for India to adopt a balanced regulatory approach, ensuring protection, especially for minors, while supporting the gaming industry's growth. The article concludes by recommending a unified, centralized legal framework that leverages blockchain to enforce transparency and fair practices in online gaming. Moreover, the article examines the case of India and suggests a legal while encouraging responsible development of the gaming industry.
Research Paper
International Journal of Law Management and Humanities, Volume 7, Issue 6, Page 986 - 1000
DOI: https://doij.org/10.10000/IJLMH.118590This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright © IJLMH 2021