REGULATION OF ONLINE GAMBLING IN RUSSIA: ISSUE OF LOOT BOXES AND MICROTRANSACTIONS

Abstract

The rapid growth of online gaming and the proliferation of loot boxes and microtransactions have raised concerns worldwide about their potential impact on players, particularly among vulnerable populations such as minors. Russia, as a significant player in the gaming industry, faces unique challenges in regulating online gambling, including the contentious issue of loot boxes and microtransactions. This research paper examines the current regulatory landscape for online gambling in Russia, explores the controversy surrounding loot boxes and microtransactions, and proposes potential regulatory measures to address these concerns while balancing the interests of the gaming industry and player protection.