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Victorian Responsible Gambling Foundation submission: Gaming micro-transactions for chance based items

Victorian Responsible Gambling Foundation

July 2018

Summary

The Victorian Responsible Gambling Foundation welcomes the opportunity to provide feedback to this inquiry by the Environment and Communications References Committee.

The Foundation’s submission has a bearing on the Committee’s second term of reference, the adequacy of the current consumer protection and regulatory framework for in-game micro transactions for chance-based items, including international comparisons, age requirements and disclosure of odds.

Any assessment of the adequacy of regulation must include an assessment of the degree to which regulation is needed. In gambling the rationale for much specific regulation, over and above the usual consumer protections, is the extent of harm that can be, and is, caused from gambling. In this submission the Foundation intends to assist the Committee in making an assessment of the risk of harm from loot boxes.

It is the Foundation’s view that there is a case for stronger regulation than is currently the case.

The Victorian Responsible Gambling Foundation welcomes the opportunity to provide feedback to this inquiry by the Environment and Communications References Committee.

The Foundation’s submission has a bearing on the Committee’s second term of reference, the adequacy of the current consumer protection and regulatory framework for in-game micro transactions for chance-based items, including international comparisons, age requirements and disclosure of odds.

Any assessment of the adequacy of regulation must include an assessment of the degree to which regulation is needed. In gambling the rationale for much specific regulation, over and above the usual consumer protections, is the extent of harm that can be, and is, caused from gambling. In this submission the Foundation intends to assist the Committee in making an assessment of the risk of harm from loot boxes.

It is the Foundation’s view that there is a case for stronger regulation than is currently the case.

Citation

Victorian Responsible Gambling Foundation 2018, Victorian Responsible Gambling Foundation submission: Gaming micro-transactions for chance based items, Melbourne, Victoria.

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