Andrew Yang, in line to be the next US Democratic Presidential candidate, has called for new initiatives to tackle the issues of compulsive gambling and other related problems.
In a policy paper titled, ‘Regulating Technology Firms in the 21st Century,’ Yang explicitly called for revised gambling laws and changes in government policy.
Yang advocates for fresh regulations to tackle emerging problems due to evolving technologies in the sector. In his policy paper, Yang lashes out against loot boxes and has said that they are harmful to children.
“Loot boxes are impacting our children, causing them to spend more time and money on these video games, without many parents being aware of their existence,” he wrote.
According to Yang, Loot Boxes and gambling are similar and use the same mechanism of a random outcome that is found in some gambling products.
Earlier in the year, Senator Josh Hawley announced the outline for a new bill which calls for restricting monetization of video games and also limiting such practices like loot boxes, which is becoming an increasingly popular practice with game developers.
The proposed legislation goes by the name of The Protecting Children from Abusive Games Act.
The Entertainment Software Association (ESA) registered as strong opposition to the bill, contending that loot boxes are not gambling and said that “several countries, including Ireland, Germany, Sweden, Denmark, Australia, New Zealand, and the United Kingdom, determined that loot boxes do not constitute gambling.”