Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data.
FTC cracks down on Genshin Impact gacha loot box practices
Genshin Impact developer Cognosphere (aka Hoyoverse) has agreed to a $20 million settlement with the U.S. Federal Trade Commission (FTC) over its gacha loot box monetization and is now banned from selling them to teens under the age of sixteen without parental consent.
‘Genshin Impact’ Must Pay $20 Million For Misleading Players About Gacha Spending
Genshin Impact remains one of the most popular gacha games in the world, constantly adding new regions and characters, but now they’ve run afoul of the FTC
Genshin Impact Publisher Hit With $20M Fine for Marketing Loot Boxes to Children
The FTC's complaint alleges that Singapore-based Cognosphere deceived children and other users about the real costs of in-game transactions and the odds of obtaining rare prizes.
Hoyoverse is facing a $20M fine over its loot box mechanics
HoYoverse, publisher of the popular gacha game Genshin Impact, has agreed to pay a $20 million fine and change its marketing practices. The Latest Tech News, Delivered to Your Inbox
FTC Imposes $20 Million Fine on Cognosphere for Misleading Loot Box Practices
The Federal Trade Commission (FTC) has fined Cognosphere, the publisher behind popular games like Genshin Impact, $20 million. The penalty comes as a result of allegations that the company misled users,
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Loot boxes: why are they linked to gaming?
The problem with loot boxes is that while you can pay for them ... An article how gaming habits could lead to gambling, and advice on what to do if you need help with gambling Quiz: What type ...
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Genshin Impact Might Soon Have To Pay You Money
The FTC and HoYoverse are reportedly near a settlement that may send money out to Genshin Impact players over loot boxes.
Programme launched to combat impacts of gambling-like games
The line between gaming and gambling is becoming increasingly blurred thanks to in game loot boxes which are designed to mimic gambling, according to the Problem Gambling Foundation.
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'Genshin Impact' Dev Cognosphere Ordered To Pay $20 Million in Relation to FTC Charges
Genshin Impact developer Cognosphere agreed to pay a $20 million settlement with the Federal Trade Commission over a number of charges.