Asia
Japan’s Loot Boxes face bleak future

The increasingly stringent regulations over loot boxes all over the world are having their impact on Japanese gaming industry.
Japan’s gaming industry, the global leader in the electronic gaming industry for nearly five decades, is facing the heat following the global clamp down against loot boxes.
Japan’s game makers have pioneered the practise of ingame purchases through tis popular gaming applications such as Monster Strike and Puzzle & Dragons. The yearly revenue contribution of these games is estimated to be around $55 billion.
While loot boxes and other in-game purchases contributed to the Japanese economy, they have come under increasing amounts of criticism. Many countries have accused companies of peddling gambling to underage children. Countries request for the removal of loot boxes and other in-game purchases for games marketed to children and young adults.
Japan’s loot boxes and games have been victims of their own success. The companies spent money on expensive licensing fees rather than spending money on innovation and creativity. For example, one company licensed big names for their mobile games like the Star Wars franchise, which cost them millions. The company’s game tanked and they were out $7 million.
-
Africa5 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews5 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Compliance Updates5 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Industry Awards5 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News5 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Latest News5 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products
-
Africa4 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Asia4 days ago
FIFA, NBA, UFC and More Sports Events Go Live – Crypto Sportsbook BETY Offers Global Sports Betting Coverage 2025