The actual lawsuit mentions only millions of dollars in sales that Valve has made from lootbox keys and steam market transaction fees… for all the citizens of New York… for over a decade of running the lootbox system.
Valve is estimated to have yearly revenues of around $20 billion dollars a year, est net worth of about $10 billion.
This is a rough guess napkin math that may be wrong, but untill this lawsuit proceedes, we don’t have numbers about how much money Valve makes specifically from lootboxes, because they’re a private company and don’t have to disclose that.
If its only millions of dollars, for a decade, from everyone in New York…
Even if Valve had to shit can all lootboxes going forward, pay fines and restitution, I think they’d survive fairly ok.
The actual lawsuit mentions only millions of dollars in sales that Valve has made from lootbox keys and steam market transaction fees… for all the citizens of New York… for over a decade of running the lootbox system.
Valve is estimated to have yearly revenues of around $20 billion dollars a year, est net worth of about $10 billion.
This is a rough guess napkin math that may be wrong, but untill this lawsuit proceedes, we don’t have numbers about how much money Valve makes specifically from lootboxes, because they’re a private company and don’t have to disclose that.
If its only millions of dollars, for a decade, from everyone in New York…
Even if Valve had to shit can all lootboxes going forward, pay fines and restitution, I think they’d survive fairly ok.
I’m not just referring to this one lawsuit, the EU also sued them for quite a bit.