The entire industry knows this is going on. Parents have complained for years, but nothing's changed.
The entire industry knows this is going on. Parents have complained for years, but nothing's changed.
I believe adults are the real whales they're after. Most children have no way to pay for virtual goods. It's adults who even know they are gambling, but they enjoy it just like adults enjoy gambling in a casino.
The mere fact that we aren't swamped with such stories (I can recall reading maybe 4-5 over the past 5 years) confirms that it's really, really rare thing to happen.
There would be no way for a kid to just show up with a credit card and make an out-of-character purchase of $1k+. This is especially true for games with tradeable items. This is true for the same reason that you can't just show up and buy BTC with a Credit Card. Fraud would be rampant.
Then it should be the parents' responsibility to educate their children, and not give them a device with a credit/debit card attached to the logged account.
That won't be enough for many, including the Belgian government, apparently. Even adults are not responsible enough, it would seem, to handle credit or debit cards.
Why haven’t the licensed gambling venues (casinos, lotto, and what have you) pressured the regulators to stop the unlicensed gambling? Or have they and I’m not aware / the regulator is dragging its feet?
Do the licensed gambling entities not perceive this as a threat? Or has gambling revenue increase overall because these games / apps basically groom young people in to being habitual gamblers as they age?
Probably a little of column A, a little of column B. The kids gambling with these games aren't potential customers for casinos since they're underage, but the habits they form as children may translate into willingness to gamble as adults. Maybe those kids-turned-adults will continue to gamble with video games instead of casinos, but I'd wager those casinos expect it to be a net positive for them overall. After all casinos offer "perks" that video games can't; free drinks, buffets, etc..
My Dad's a great poker player and his secondary source of income vanished overnight. He still complains about it.
https://medium.com/@bostonirishblog/the-simple-science-behin...
When Apple had long and thoightful review practices we treated them as the business murderers. And yet here we are asking exactly for their long and painful review process to have a comeback.