World

House Of Lord Warns: Loot Boxes Is Gambling

Published

3 years ago

July 9, 2020

It is official now: loot boxes are considered as a form of gambling. Following a period of concern and extensive discussion by various groups, The House Of Lords Gambling Committee from the United Kingdom officially declared loot boxes in videos games as a form of gambling, and they have issued stern warnings about the continuing implementation of it in games.

Loot boxes, despite not being a casino game, can be related to it. In a betting perspective, loot boxes can be related to gambling in the way that it gives the player or buyer the chance to win an item but without any guarantee. That is how most casino games work, after all.

“It’s gambling”

In a report that was recently released, BBC reported that the House of Lords have declared loot boxes as a form of gambling, as it meets all the factors that are present in all gambling games. To learn more you can read more online casino reviews to get the better idea about the best bookmaker.

“If a product looks like gambling and feels like gambling, it should be regulated as gambling,” the report said. “There is academic research which proves that there is a connection, though not necessarily a causal link, between loot box spending and problem gambling.”

In line with that, the house of Lords is also now seeking to have loot boxes in videos games be regulated in the same way that gambling is being regulated. Otherwise, the game developers and owners will be forced to remove loot boxes from their games–or risk getting in trouble with the law.

What are the requirements for gambling?

To better understand how the House of Lords arrived at their decision of declaring loot boxes as a form of gambling, it is a good idea to better understand what makes an activity a form of gambling first.

By definition, an activity can be considered a form of gambling or betting when it meets three requirements: there is a consideration, there is a risk, and there is a prize.

Consideration refers to any amount wagered by the playing party. Most of the times, it comes in the form of monetary currency. However, wagering is not limited to money itself. It could be other forms of resources such as property, gold, or any other things that can be wagered in a game, as long as the betting party allows it. In loot boxes, players often purchase the loot box with real money in order to get the in-game item.

Risk, on the other hand, refers to the chance involved after placing your bet or wagering your resources. In gambling, there is no assurance that your bet would win. You have the chance to win it, or you could also blow it and lose. In the same way, there is never a guarantee that a player will get any promised major price for a single draw.

Finally, the prize. In gambling, the prize could be a fixed amount you can get if you win such jackpots from a slot machine. The prize could also be the resources of the opposing player which will be awarded to you should you win.

Loot boxes are not gambling–in 2017

In a 2017 report, the UK Gambling Commission declared that loot boxes in video games can’t be considered a form of gambling, through its elements are similar to gambling. According to the regulating body, there is a fine line that separate gambling from something that is not gambling.

One of the reasons why they made the declaration back then was that according to them they found loot boxes to be purely an in-game risk purchase, and items won from it cannot be brought with or traded with real-world money.

World

Five Benefits of Studying Disaster Management

Published

1 month ago

August 16, 2023

Jenny Jackson

Are you concerned about helping your fellow human beings, especially when they most need it? The pictures and news about floods, earthquakes, and other disasters are horrendous. Even worse is seeing the people in those areas deprived of the basic necessities of life. If you’re ready to help limit the negative impacts of such disasters, now is the best time to prepare!

A disaster management degree is one of the best ways to achieve this purpose. It will lead to a career choice that is very demanding but potentially very rewarding as well.

As a disaster management worker, you will help people most affected by disasters. You will also help disaster-prone groups to prepare and plan for future emergencies. Overall, one can say that this is a specialized area with specific requirements. You require both practical experience and academic qualifications to advance in this field.

However, is disaster management a suitable career? There are a few factors that influence the desirability of any career path. Personal growth, career growth, self-satisfaction, and a reasonable expected salary are all essential considerations. Without further ado, here’s a look at some of the motivations for studying disaster management:

1. Your Work is to Help People

Most people see the effect of disasters on their screens and question why go into disaster management? And you might be one of them now. But a disaster management degree helps you reach out to the affected people more effectively. Yes, everyone can send in donations, prayers, and other forms of aid. However, managing the relief campaigns and actively assisting victims is much more gratifying. This reward alone answers the question.

Helping victims gain some footing again

When a disaster strikes, many people can lose everything they have. They might not have their homes, loved ones, and means of living anymore. A disaster management worker can directly do a lot for such victims.

Their degree and experience can help people restore their lives to normalcy. Distributing food and other essentials is just one step. After that, disaster management also helps victims get some source of livelihood, shelter, and whatever they need to piece their life back together. Such efforts also go a long way in assisting victims to recover emotionally from a disaster.

2. It Counts as Highly Skilled Work

If you start working in disaster management with a relevant degree, you are a highly skilled worker. Here are a few reasons why this is so:

You are required to complete formal qualifications, along with technical training sessions
This career path appreciates technical skills as well as experience
Disaster management requires a high skill level that not everyone can achieve

What are the advantages of a highly skilled career?

The main advantages of such a career, including disaster management, include:

Further opportunities due to one’s technical knowledge and expertise
Enhanced experiences while working
Better pay than many other career paths
A feeling of satisfaction due to doing something worthwhile

3. An Exciting Path

Working within a crisis or inside a disaster zone is dangerous but exciting. There might be a lot of chaos sometimes, with extremely changeable situations.

It can also be very difficult to respond to disasters, so you might have to work on adrenaline half the time. It’s all very demanding, but an adventurous soul will probably relish the experiences.

Not everyone is not a perfect fit for this line of work. The stress and demands can get too much at times, adversely affecting the mental health of many workers. If you relish the idea of helping those in need no matter what, make sure to take a break when you need it.

4. Working in Different Locations

Getting stuck in a dead-end job is no fun. When you get a qualification in disaster management, your career will certainly not be boring.

Among other factors, one reason for this is that disaster management takes its workers to several different locations. You might visit a metropolitan city one day and a completely rural setting the next. Some disaster management careers might even take you out of your home country. It won’t be a vacation, but you will get exposure to many different cultures, lifestyles, work methods, and much more. Overall, you’ll probably get a rich and fulfilling experience that’s rare in any career choice.

5. Chances of Growth

With disaster management as your career choice, you have a lot of room for growth. This sector includes large industries operating all over the globe and in all kinds of settings. Many companies and teams always search for a qualified, sincere individual who wants to work in this line.

If you start at the bottom of the disaster management sector, you may get support and lower-level positions first. It is the perfect time to learn all you can and gain experience within the field.

As you grow within this sector, you can get better qualifications and experience in the technical areas. Eventually, you can rise in the field and start working on different projects.

If you work smartly, you don’t have to get stuck at a certain point in your disaster management career. You can work on the most well-known natural disasters as they happen or focus on lesser-known disasters and build your niche.

Conclusion

Studying disaster management and following a subsequent career might create a great path for many people. The education and experience here will show you how to help people in the worst situations. That path alone can make an individual feel satisfied and happy with their choices.

A disaster management degree will also put you in the highly skilled job category. It usually pays well, with some growth prospects to sweeten the pot. This career may also allow you to travel and get experience in new places. Overall, it seems like studying disaster management can be an exciting and sensible career option. If the above discussion seems interesting, why not check out some relevant courses today?