{"id":250136,"date":"2022-12-28T12:08:19","date_gmt":"2022-12-28T18:08:19","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=250136"},"modified":"2022-12-28T14:32:03","modified_gmt":"2022-12-28T20:32:03","slug":"spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/","title":{"rendered":"Spain’s Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations"},"content":{"rendered":"

Spain is considering adopting legislation to limit the presence of loot boxes<\/a> in video games. This has spooked Dapper Labs, which is concerned that tighter controls could impact its NFT (non-fungible token) business, including a deal with Spain’s La Liga.<\/p>\n

\"Dapper
Several of Dapper Labs’ La Liga NFTs in a digital frame. As Spain looks to potentially classify loot boxes as gambling, Dapper Labs hopes it can prevent its NFTs from facing the same restrictions. (Image: The Crypto Times)<\/figcaption><\/figure>\n

Loot boxes are items that certain video games offer that have randomized content \u2013 players don’t know what they’re getting beforehand. Gamers can either purchase them with cash or accumulate points in the game to acquire them.<\/p>\n

US-based Dapper Labs is banking on the future of NFTs, the digital collectibles that some view as the next step forward in trading cards and valuable art. Some NFTs have already sold for hundreds of thousands of dollars, and a few have pulled down eight-digit sums.<\/p>\n

Depending on how the Ministry of Consumer Affairs (MCA) writes the final language of its loot boxes update, Dapper Labs could face limits to its operations. As a relatively new product still trying to find success, limited marketing capabilities can damage the company’s ability to expand and establish roots.<\/p>\n

The company met with representatives of the Ministry of Consumer Affairs (MCA) during a public consultation promoted by the ministry, according to Spanish media outlet El Pa\u00eds<\/em>. The goal was to provide input on loot boxes and NFTs as the MCA considers its loot box stance.<\/p>\n

Digital Divide<\/h2>\n

Digital trading cards in loot boxes, like those in FIFA 23, can be the next step for sports-related trading cards. If a Mickey Mantle physical card can sell for more than $12 million, then digital cards can eventually reach that mark.<\/p>\n

\n

Dapper Labs has agreements with the NBA, NFL, and La Liga<\/a> to develop digital sports cards and other digital sports-related offerings. These, it believes, are the indisputable future of sports memorabilia trading.<\/p>\n<\/div>\n

In 2019, the company joined forces with the NBA to introduce the NBA “Top Shot Moments,” certified and unique videos that have become its flagship offering. In less than two years, Moments has seen more than 28 million global transactions worth around $1.2 billion.<\/p>\n

The MCA \u2013 specifically Minister of Consumer Affairs Alberto Garz\u00f3n<\/a> \u2013 argues that these products share characteristics with gambling. This has been a topic of debate in Spain, as well as in other countries around the world.<\/strong><\/p>\n

As a result, there’s a push to either ban loot boxes entirely or control access to them. For this reason, and without forgetting that a large part of video game users are minors, regulation is coming.<\/p>\n

It’s likely that Spain’s approach to loot boxes will be one of control, not prohibition. It will reportedly target video game entities and allow some access. But game operators won’t be allowed to market or promote them.<\/p>\n

In addition, the MCA will likely apply similar restrictions to loot boxes that it does to betting. In other words, there will be a ban on face-to-face advertising, as well as limitations on sports sponsorships.<\/p>\n

Uncertain Future<\/h2>\n

One of the concerns Dapper wants to address is the language under consideration. The MCA is drafting a bill that could limit “random reward mechanisms” in a virtual setting, which might inadvertently draw in NFTs.<\/strong><\/p>\n

In Spain, Dapper is trying to expand its La Liga Great Goals pack, Kings of the World<\/em>. The pack includes three “Moments” out of 36 possibilities, 10 “common,” and 26 “rare.”<\/p>\n

\n

Two of the three “Moments” in the pack will be common, while the third could go either way. There’s an overwhelming chance that a common “Moment” will be included. There’s also an outside chance \u2013 1%, according to Dapper \u2013 that it could be a rare one. The consumer won’t know before making the purchase.<\/p>\n<\/div>\n

Therefore, Dapper is concerned the MCA may consider its “Moments” packs to be a type of gambling, the same as it may with loot boxes. The company asserts that, because it’s only offering a collectible item without assigning any value to it, it doesn’t deserve to be included. In the end, Garz\u00f3n will have to make that call.<\/p>\n","protected":false},"excerpt":{"rendered":"

Spain is considering adopting legislation to limit the presence of loot boxes in video games. This has spooked Dapper Labs, which is concerned that tighter controls could impact its NFT (non-fungible token) business, including a deal with Spain’s La Liga. Loot boxes are items that certain video games offer that have randomized content \u2013 players […]<\/p>\n","protected":false},"author":64,"featured_media":250134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81883,16693],"tags":[81919,13626,83376,81948],"acf":[],"yoast_head":"\nSpain's Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations - Casino.org<\/title>\n<meta name=\"description\" content=\"Spain is considering adopting legislation to limit the presence of loot boxes in video games. This has spooked Dapper Labs, which is concerned that\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spain's Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations - Casino.org\" \/>\n<meta property=\"og:description\" content=\"Spain is considering adopting legislation to limit the presence of loot boxes in video games. This has spooked Dapper Labs, which is concerned that\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-28T18:08:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-28T20:32:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"992\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erik Gibbs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erik Gibbs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/\",\"url\":\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/\",\"name\":\"Spain's Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations - Casino.org\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg\",\"datePublished\":\"2022-12-28T18:08:19+00:00\",\"dateModified\":\"2022-12-28T20:32:03+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\"},\"description\":\"Spain is considering adopting legislation to limit the presence of loot boxes in video games. This has spooked Dapper Labs, which is concerned that\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg\",\"width\":992,\"height\":620,\"caption\":\"Several of Dapper Labs' LaLiga NFTs in a digital frame. As Spain looks to potentially classify loot boxes as gambling, Dapper Labs hopes it can prevent its NFTs from facing the same restrictions. (Image: The Crypto Times)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Technology\",\"item\":\"https:\/\/www.casino.org\/news\/technology\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Spain’s Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\",\"name\":\"Erik Gibbs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"caption\":\"Erik Gibbs\"},\"description\":\"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Spain's Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations - Casino.org","description":"Spain is considering adopting legislation to limit the presence of loot boxes in video games. This has spooked Dapper Labs, which is concerned that","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Spain's Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations - Casino.org","og_description":"Spain is considering adopting legislation to limit the presence of loot boxes in video games. This has spooked Dapper Labs, which is concerned that","og_url":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-12-28T18:08:19+00:00","article_modified_time":"2022-12-28T20:32:03+00:00","og_image":[{"width":992,"height":620,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg","type":"image\/jpeg"}],"author":"Erik Gibbs","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Erik Gibbs","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/","url":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/","name":"Spain's Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations - Casino.org","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg","datePublished":"2022-12-28T18:08:19+00:00","dateModified":"2022-12-28T20:32:03+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca"},"description":"Spain is considering adopting legislation to limit the presence of loot boxes in video games. This has spooked Dapper Labs, which is concerned that","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/12\/Dapper-Lab-LaLiga-NFTs.jpg","width":992,"height":620,"caption":"Several of Dapper Labs' LaLiga NFTs in a digital frame. As Spain looks to potentially classify loot boxes as gambling, Dapper Labs hopes it can prevent its NFTs from facing the same restrictions. (Image: The Crypto Times)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/spains-loot-box-debate-draws-attention-from-dapper-labs-and-its-laliga-tied-nft-operations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Technology","item":"https:\/\/www.casino.org\/news\/technology\/"},{"@type":"ListItem","position":3,"name":"Spain’s Loot Box Debate Draws Attention from Dapper Labs and its La Liga-Tied NFT Operations"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca","name":"Erik Gibbs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","caption":"Erik Gibbs"},"description":"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.","url":"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/250136"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=250136"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/250136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/250134"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=250136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=250136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=250136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}