Companies selling loot boxes could be facing a daily fine of up to $700,000
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Brazilian authorities have launched an inquiry aimed at banning loot boxes in the country, on the recommendation of the National Association of Child and Adolescent Defense Centers (ANCED).
The association argued that the randomised monetisation mechanics are a form of gambling, which is illegal in Brazil, The Esports Observer reported.
The inquiry targets companies that sell loot boxes, including Activision, EA, Konami, Nintendo, Riot Games, Ubisoft, Tencent, and Valve. Mobile games publisher Garena is also involved, with Brazilian publication The Enemy reporting that the firm