The gaming industry is thriving due to a recent boost in technology and the introduction of service online. People can easily access gaming content online due to the availability of high-speed internet and high-end devices. Gambling was always seen as a taboo and not spoken about much, till the internet revolution led people to be educated about the workings of casinos and their legal activities.
Casinos have also started adapting games that include little to no gambling, for example: Red Dead Online and GTA V. Both the games are developed and released by the same software company, Rockstar. However, the company has had some issues with its adult-only games, which use heavy amounts of crime, sex, gambling, and violence.
The finest casino app in India right now is Jeeto7, where players can effortlessly engage in real money gambling. People who do not want to spend money on these activities, on the other hand, prefer to play simulated casino games seen in video games like GTA V. This style of casino gaming is now referred to as social casino gaming.
What exactly is a Social Gaming Casino?
Social Casino gaming can be defined as a platform in which you don’t need to use real-world money but purchase in-game currencies that have no value in the real world. Unlike actual casinos, simulated gaming does not deal with slot machines, video poker, blackjack, or roulette, which requires one to make deposits.
Loot boxes can be found in social casinos, that house a number of popular games like FIFA, Call of Duty, Fortnite, and PUBG. The loot boxes are very beneficial to players as they enable them to get access to in-game items, like weapons, character clothes, treasures, and team cards. These loot boxes make it possible for all players to afford more in the game than in the real world.
But recently, loot boxes have become a major problem in countries like the USA, UK, Germany, and China, as people have been showing signs of addiction. There has been a huge debate on whether loot boxes should be considered a form of gambling, and thus in need of strict rules and regulations. Netherlands and Belgium have already abolished the possession and use of loot box system(LBS) in video boxes. China has set a limit on how many loot boxes purchases can be done in a day.
Though the concept of loot boxes may differ from gambling, it has the same effect on every player. Both the gaming forms leave users with the desire to play more and win more. Slots have a similar effect, the more you feel you’re close, the more you’re tempted to spend.
Even though loot boxes are banned in certain countries that does not mean people don’t have access to EA (Electronic Arts) games like FIFA 19, Dead Space, It Takes Two, and Apex Legends
Regulating Social Casino Games
Playing at the Vinewood in GTA V isn’t as free as expected and players need to purchase the in-game currency to access it. All the games are developed and designed for players 18 years and above, which is the legal age for gambling in most countries. Any money earned through this casino is of no value in the real world. In other words, you use real money to purchase the in-game currency but cannot convert it back.
But you will be surprised to know that gamers have found a way to earn money from what they win from social casino gaming. There are markets out there, where people are willing to trade in-game achievements for real money.
Though GTA V has included indirect gambling activities, it is far better than others. Unlike other platforms, GTA V does not hide its true purpose and remains transparent to the public.
Operators may mainly avoid regulation as "gambling" activities as long as social casino games don't offer monetary rewards, demand payment, or hurt vulnerable groups. However, there is still a genuine concern about protecting at-risk groups, particularly our kids. If studies start to link playing to probable injury, the "duty-of-care" concept could take precedence. It is debatable to what degree social casino games influence young people's gambling behavior.
Conclusion
The effects of social casino gambling on people in general and particularly susceptible populations like children and adolescents are still being studied by researchers. Even though gambling companies have guaranteed that social casino games are not intended for young people under the age of 18, children and teens nonetheless find their websites to be particularly appealing. Social Casino games can be a great opportunity to gamble without actually playing casino games, but the disadvantage lies in not receiving any benefit in return. Jeeto7 is an excellent site that was introduced in the year 2020 and has come to prominence recently for its social gaming casino, and amazing bonuses and promotion. To visit the site, click on Jeeto7.com