It’s basically gambling, and ruins people’s lives financially. Most loot boxes are completely random causing people to buy more and more until they get what they want and then do it again for the next item wasting even more money.
By using loot boxes and microtransactions it allows these companies to make sub par games that lack quality. Because their making so much money through gambling aka loot boxes, they can spend both less money and time on quality since people can’t stop them themselves from buying them.
It allows “free progression”. So rather than letting these companies give us these items by doing things in game, you get great gear and/or cosmetics and other things by using real time money rather than using in game money or earning it. Sad part about this is that you truly never own these things. So you’re paying more real money for digital items that the companies themselves own. So that $15 you spent on a horse mount? Useless. Only money you should be paying is for the game itself and subs if the game is a subscription based game(WoW).
WoW has ignored to focus on quality as a hey still get lots of money from microtransactions, and so as long as people still pay for that stuff, keep saying goodbye to quality content and say hello to more BFA quality stuff as they don’t need sub numbers like before and can live off of microtransactions.
So all in all, loot boxes need and microtransactions need to be banned so we can get more quality games, 70-80% of games these days are trash.
This is all I can think off the top of my head and I’m typing on my phone and I’m in a rush so if anybody has other reasons please list below and what you think about the whole situation.