Loot

Lords call for urgent regulation of loot boxes in UK 0
- TECHNOLOGY
- July 6, 2020
The House of Lords Gambling Committee has published Gambling Harm – Time for Action, a new report that calls for the immediate regulation of loot boxes in video games under the Gambling Act 2005. The report joins a growing number of voices calling for closer attention to and regulation of loot boxes in the UK.
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Time may be up for loot boxes soon 0
- TECHNOLOGY
- June 10, 2020
It looks like time might be up for loot boxes soon, or at least they may cause relevant games to be reclassified as gambling products. That’s dependent on how a Department for Digital, Culture, Media and Sport’s investigation into the concept goes, according to The Guardian. This week, it will launch a call for evidence
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Loot set out to disrupt the banks, now it’s funded by RBS, what next? | Startups 0
- TECHNOLOGY
- February 25, 2019
Loot, the digital banking app founded by Ollie Purdue, took a £2 million investment from Royal Bank of Scotland earlier this year in exchange for a 25 percent stake in his company. Sitting in the startup’s vast new office space in London’s Bankside, Purdue talked to Techworld about the company’s roadmap, overdrafts and that RBS
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