Feasibility Study on Regulating Chance-based Monetisation Mechanism in Video Games to Safeguard Young Consumers
Ministry of Home AffairsSpeakers
Transcript
10 Mr Melvin Yong Yik Chye asked the Coordinating Minister for National Security and Minister for Home Affairs in view of the recent global regulatory developments on loot boxes, which include requirements for probability disclosure and parental consent in the US, South Korea and China, whether the Ministry will study and consider the feasibility of implementing similar measures in Singapore to safeguard consumers, particularly youths, from the risks associated with chance-based monetisation mechanics in video games.
Mr K Shanmugam: The Ministry of Home Affairs and the Gambling Regulatory Authority will review the Member's suggestions on probability disclosure and parental consent to reduce the gambling inducement risks relating to loot boxes.