Points 1, 2, 3 and 4 are incorrect. The value of the item you receive from lootboxes can vary, either from the value of selling your account (against the ToS ye

Points 1, 2, 3 and 4 are incorrect. The value of the item you receive from lootboxes can vary, either from the value of selling your account (against the ToS yes, but it does happen) or from the ability to outright sell/trade the item (see: Dota 2, TF2). Saying that they don't have any real-world value just because they're digital goods is very much dependent on the game. Points 5-6 just means that we should probably regulate lootboxes like we already regulate gambling. Just because a kid could get some money from their parents to go gambling in a casino doesn't mean it's a good idea. Lootboxes are a well-known concept and regulated in many other parts of the world, including Japan where Gacha is fairly common among their mobile games.