Nexon Faces Defeat in Loot Box Lawsuit, Signaling Broader Implications for Gaming Industry

SEOUL, Dec. 2 (Korea Bizwire) – South Korea’s gaming industry, long reliant on the lucrative “loot box” model, faces mounting legal and regulatory challenges after a landmark court ruling against Nexon. The Supreme Court upheld a decision ordering Nexon to partially refund a player for misrepresenting item probabilities in its popular game, MapleStory. The ruling is [...]