Take-Two president on loot boxes: 'We don't view [them] as gambling'

Take-Two Interactive president Karl Slatoff has weighed in on the controversy over loot boxes and gambling, declaring that the company shares the position of the Entertainment Software Association: "We don't view that thing as gambling." 

Interestingly, Slatoff's defense of the not-gambling position sounds less like it's rooted in the legal definition of the term than in the belief that people won't care as long as you don't hose them too badly. "In terms of the consumer—the noise you hear in the market right now—it's all about content and over-delivering on content," he said at the Credit Suisse 21st Annual Technology, Media & Telecom Conference (via Gamespot).   

"It's about making making sure you're focused on engagement, and I think that has been our strategy; that has been our focus. And as long you keep your eye on that ball, you're going to be okay. The consumer's going to be really happy with what they get."   

Despite the consumer backlash against loot boxes in games and rumblings from legislators that something should be done, Take-Two's stance isn't at all surprising. Not just because it's falling in line with the ESA, but because it has big post-release monetization plans of its own: Chairman and CEO Strauss Zelnick recently said that the company wants to include "recurrent consumer spending opportunities" in all its games in the future.  

"You can't force the consumer to do anything," Slatoff said. "You try your best to create the best experience you possibly you can to drive engagement, and driving engagement creates value in franchises. That's how it's always been and how it always will be." 

Microtransactions aren't the same as loot boxes, and it's likely more the former than the latter that Zelnick was referring to. But as we noted in our recent look at why legislation could be bad, government regulation may not be the ideal solution—the distinction being that our argument wasn't a defense of loot boxes.

Andy Chalk
US News Lead

Andy has been gaming on PCs from the very beginning, starting as a youngster with text adventures and primitive action games on a cassette-based TRS80. From there he graduated to the glory days of Sierra Online adventures and Microprose sims, ran a local BBS, learned how to build PCs, and developed a longstanding love of RPGs, immersive sims, and shooters. He began writing videogame news in 2007 for The Escapist and somehow managed to avoid getting fired until 2014, when he joined the storied ranks of PC Gamer. He covers all aspects of the industry, from new game announcements and patch notes to legal disputes, Twitch beefs, esports, and Henry Cavill. Lots of Henry Cavill.

Latest in Gaming Industry
SUQIAN, CHINA - OCTOBER 6, 2024 - Illustration Tencent's plan to buy Ubisoft, Suqian, Jiangsu province, China, October 6, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)
Ubisoft and Tencent are forming a new company that will take control of its most successful franchises: Assassin's Creed, Far Cry, and Rainbow Six
Kinich, a character in Genshin Impact, stands prepared to brawl with an enemy.
'Diabolical': Genshin Impact's English cast gives new VO the cold shoulder after he frames replacing a striking actor as an 'opportunity to carry the flame'
PC Gamer magazine issue 408 Doom: The Dark Ages
PC Gamer magazine's new issue is on sale now: Doom: The Dark Ages
Two brightly colored stormtroopers dressed like Run-DMC stand in front of PAX Australia's WELCOME HOME banner.
Tickets for PAX Australia 2025 are on sale now
Lara Croft Unified Art
Tomb Raider developer Crystal Dynamics lays off 17 employees 'to better align our current business needs and the studio's future success'
Monster Hunter Wilds' stockpile master studying a manifest
As layoffs and studio closures continue to deathroll the western AAA industry, analyst points out 5 of 8 major Japanese companies hit all-time share prices this year
Latest in News
Marvel Rivals tier list - Wolverine
Marvel Rivals director says a future patch will reduce the shooter's insatiable hunger for RAM: 'It's a very big problem'
Hogwarts Legacy potions professor holding a potion
An unannounced Hogwarts Legacy expansion and 'definitive edition' have reportedly been cancelled
Story of Seasons - A cahacter in a purple tuxedo stands outside in a town square talking to the player
Story of Seasons is doing another Harvest Moon remake and it might be the best the series has ever looked
Assassin's Creed Shadows change seasons - An upper-body shot of Yasuke looking cheerfully up into the distance.
Assassin's Creed Shadows puts up the 'second highest day-one sales revenue in Assassin's Creed franchise history'
A witch riding a broom sails past a Fish and Chips shop.
Cozy gamers rejoice: Witchbrook finally has a release window, and yes, you can fly around on a broom with your friends
starcraft 2 face
StarCraft fans taunted by the announcement of a new StarCraft... board game