Friday, April 16, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Are Microtransactions In Gaming Just A New Form Of Gambling?

Sony T by Sony T
January 7, 2021
in Tech news
Reading Time: 3 mins read
A A
0
Are Microtransactions In Gaming Just A New Form Of Gambling? 1
15
SHARES
196
VIEWS
Share on FacebookShare on Twitter

Technological advances have enabled the gaming industry to improve its services over the years. When you access your favorite game on your preferred online casino, the game publishers allow you to buy and download additions to the games. You can find great reviews on online casinos on CSNO to help you find the best. Game developers have invented new ways of monetizing video games. 

In these new terms, developers have introduced microtransactions, loot boxes, and pay to win to help improve the gamers’ experience. For example, you could spend 10 USD to access new playing arenas. Other games could ask you for extra cash to make your in-game character stand out with a new “skin” for their weapon. All these are microtransactions, and they have become prevalent in multiplayer online games to have many such perks for gamers to benefit from. 

In the past, such superficial items were used to reward loyal and skillful players. Players earned several things once they managed to achieve certain milestones. Game developers spend a significant amount of time designing these in-game items, which are usually very attractive. 

However, some gaming industry pundits argue that this additional paid content is not friendly to the consumer. Some studies have revealed that gamers using in-game purchases were likely to have gambling problems than those who did not. The microtransactions were proven to be responsible for specific gambling issues. 

ADVERTISEMENT

I saw the seriousness of the effects of these new monetization strategies when a bill was introduced in the US Congress. The bill seeks to regulate particular pay to win microtransactions and the sale of loot boxes. If it were to pass, all microtransactions would be banned by the Federal Trade Commission. 

From the developers’ point of view, these microtransactions provided a source of income to keep their teams well catered for. But if they were banned, the publishers would have to lay off some of their staff or reassign them. On the other hand, with the money made from these in-game purchases, the game publishers can dedicate a significant portion of their human resources to create more content for the games. Without the funds, it would stunt game development.   

Nevertheless, traditional forms of gambling remain the most popular way for players to win money online. Many gamers still use conventional gambling forms on online casinos to win money. For instance, players still play their favorite slots games, table games, or live dealer games to make money. Online casinos offer them plenty of opportunities to stake on by providing hundreds of games they can put their money on. Furthermore, online casinos still offer the players great bonuses, which they can use to boost their bankroll. 

Bottom Line

Even though microtransactions are becoming popular in the gaming industry, the traditional forms of gambling remain the main attraction to players worldwide. Game publishers can find other ways of balancing their books, as in-game purchases don’t seem sustainable. Sooner rather than later, there could be legal restrictions to such transactions. Online casinos and game publishers must find a way around this area soon. 

Tags: Fintech
Share6Tweet4Share1Pin2
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

Why Consumers Haven’t Fully Adopted IoT Devices
Tech news

How Smartphone Applications are Making Life Easier Than Ever Before

by Sony T
April 16, 2021
What Is Extrusion Prototyping Services? And Where It’s Used
Tech news

What Is Extrusion Prototyping Services? And Where It’s Used

by Sony T
April 16, 2021
Gaming Brands Gearing Up for 2021
Tech news

Gaming Brands Gearing Up for 2021

by Sony T
April 16, 2021
How Technology Is Improving the Future of Home Service
Tech news

Things to Consider, wireless network for smart homes

by Sony T
April 15, 2021
Augmented the Online Betting Sector
Tech news

How Modern Technology has Augmented the Online Betting Sector

by Sony T
April 15, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

How email marketing and chatbots impacts businesses
Cloud Computing

How email marketing and chatbots impacts businesses

by Srikanth
April 16, 2021
AnKa SumMor raises a Pre-Series-A funding
Startup news

AnKa SumMor raises a Pre-Series-A funding

by Srikanth
April 16, 2021
Why Consumers Haven’t Fully Adopted IoT Devices
Tech news

How Smartphone Applications are Making Life Easier Than Ever Before

by Sony T
April 16, 2021
What Is Extrusion Prototyping Services? And Where It’s Used
Tech news

What Is Extrusion Prototyping Services? And Where It’s Used

by Sony T
April 16, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Newsletter ?

What is Expected ?

  • Newsletter
  • eBooks
  • Tech Reports
  • Infographic
  • Webinar
  • Event Tickets
We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications