how much did ea make from fifa 19 loot boxes

Full Answer

Does FIFA have a loot box problem like EA does?

But EA's loot box controversy is not the exclusive preserve of FIFA. It was loot boxes that caused EA to hit the mainstream headlines back in 2017 with Star Wars Battlefront 2, a game that was mauled online for a system players said took advantage of them.

How much should EA be fined for FIFA loot boxes?

"Dutch judge rules that EA should be fined €500k every week until it removes FIFA loot boxes". Video Games Chronicle. Retrieved October 29, 2020. ^ "Kansspelautoriteit: wees alert op online spellen met loot boxes".

How does EA make money from FIFA?

FIFA is the biggest football game on the planet and is one of the most popular video games of any genre on all consoles as well as on PC. As a result, it makes billions of dollars each year for publisher Electronic Arts (EA), with much of that income derived from the FIFA Ultimate Team (FUT) game mode.

What are loot boxes in FIFA Ultimate Team?

FIFA Ultimate Team sells card packs, like loot boxes, that allow players to unlock new players for their teams. The growth of live services is unsurprising from a company that has pushed microtransactions so hard.

Did EA get sued for loot boxes?

The publisher still faces two class action lawsuits over the use of loot boxes in its sports games -- one in the US and one in Canada -- both of which argue the randomised monetisation mechanic violates gambling laws.

How much of EA's revenue is from FIFA?

That amount is a significant chunk of EA's $5.629 billion revenue total during FY21 — a full 29%, up 2% year over year. What the company called “a substantial portion” of the Ultimate Team revenue came from FIFA players themselves, the report said.

How much does EA make from loot boxes?

$1.6 billionDuring the 2021 fiscal year, net revenue from extra content sales in EA's “Ultimate Team” game modes—what many would classify as from loot boxes—was $1.6 billion, according to the company's annual report, a “substantial portion” of which came from FIFA.

How much money does EA make on FIFA packs?

In an annual financial report, the publisher said it made $1.62 billion from Ultimate Team modes in EA Sports games during the 2021 financial year. That means EA made around $3,000 a minute from FUT packs (aka loot boxes). A "substantial portion” of that stemmed from FUT.

What is EA's most profitable game?

Best selling titlesBattlefield 1 - 21 million (players) - July 2017.The Sims - 16 million - Feb 2005.Need for Speed: Most Wanted - 16 million - Oct 2009.Battlefield 3 - 15 million - June.Star Wars: Battlefront -14.The Sims 2 - 13 million - Mar 2012.Battlefield 2 - 11 million - Jan 2011.More items...

How much did FIFA 19 make?

Free-to-play games dominated spending, accounting for 80% of all digital revenue in 2019. Fortnite was the highest-grossing free-to-play game last year (and the year before), earning $1.8 billion in revenue across all platforms. On the paid/premium games end, FIFA 19 came out on top, with $786 million.

Does EA still use loot boxes?

Bungie removed paid loot boxes from Destiny 2 in 2020. And EA removed in-game purchases from Star Wars Battlefront 2 just hours before the game's release in 2017, which would have let people buy a special currency that could be used to purchase loot boxes.

What is EA's net worth?

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Electronic Arts net worth as of June 20, 2022 is $35.98B.

How much do EA make from microtransactions?

29% of EA's 2020 Revenue Came From Ultimate Team Microtransactions. According to financial reports, FIFA made up a "substantial portion" of Ultimate Team's total 2020 revenue, making it EA's most popular service. EA's Ultimate Team game mode made 29% of the company's 2020 revenue across the FIFA, Madden and NHL games.

How much profit does EA make?

Video gaming giant Electronic Arts generated net revenue of 6.99 billion U.S. dollars in its 2022 fiscal year....Net revenue generated by Electronic Arts from fiscal 2005 to 2022 (in million U.S. dollars)CharacteristicNet revenue in million U.S. dollars20194,95020185,15020174,84520164,3969 more rows•May 30, 2022

Who is the CEO of EA?

Andrew Wilson (Sep 17, 2013–)Electronic Arts / CEOAndrew Wilson is an Australian businessman who has been the CEO of Electronic Arts since September 2013. On 18 September 2017, he was elected as a director of Intel. Wikipedia

How much does FIFA make a day?

According to data compiled by NetBet, FIFA 20 brought in $2,054.79 per minute in 2020. That equates to around $2.9 million every single day, totaling $1.08 billion.

How much money does EA make from FIFA?

How much money does EA make each year from FIFA? In its annual report, EA confirmed that it made $1.6 billion (£1.1bn) from game sales from April 2020 to March 2021.

How many players are there in FIFA 21?

The annual report does not give exact figures for each video game, but confirms in the statement that "FIFA 21 has more than 25 million console/PC players" while "FIFA Ultimate Team players grew 16% year-over-year and FUT matches were up 180%.".

How much money does Ultimate Team make in 2020?

In its annual report for 2020, EA confirmed that Ultimate Team made more than $1.62bn (£1.15bn). This is the total revenue for all Ultimate Team modes across EA's catalogue, with Ultimate Team appearing in FIFA, Madden, NHL, NBA and UFC games.

What is the biggest game on the planet?

Every year, millions of video game fans each year buy and play FIFA and spend even more money on in-game add-ons through Ultimate Team. FIFA is the biggest football game on the planet and is one of the most popular video games of any genre on all consoles as well as on PC.

Why did EA move away from loot boxes?

However, EA will likely move away from loot boxes as it keeps trying to grow its microtransaction revenue. The publisher would be one of the biggest affected by loot box gambling laws. EA agreed to remove card packs from FIFA in Belgium [BBC] after the country made a new law that banned loot boxes.

How much did EA make in 2020?

In its new financial briefing [EA], EA revealed that its live services made $993 million in Q3 of the 2020 financial year. This is an “all-time high” for the company and it’s an increase of 27% compared to Q3 FY2019. Microtransactions in games such as Apex Legends and FIFA Ultimate Team were a huge part of this growth.

How much money does EA make from microtransactions?

Electronic Arts made nearly a billion dollars from microtransactions in a single quarter in 2019, a record figure for the gaming giant. | Source: Christian Petersen/Getty Images/AFP.

What is the most lucrative EA game?

One of EA's most lucrative franchises is FIFA, the soccer simulator that releases annually. While praised for its entertaining gameplay and cutting-edge visuals, the games have been criticized for their Ultimate Team mode. The mode is essentially a pay-to-win version of FIFA, where players can build their "ultimate team" by buying loot box card ...

Is EA a microtransaction?

Publisher EA has repeatedly come under fire for the predatory and obtrusive microtransactions in FIFA 's Ultimate Team mode, but they're laughing all the way to the bank, even as microtransactions continue to be the absolute bane of consumers. Electronic Arts has reached meme-worthy levels of hatred from the gaming public.

What is the rarest player card?

The rarest of these player cards are known as ‘Ones to Watch’. These are the most famous soccer players in the world. More than that, these are the only cards that allow the soccer players skills to improve. So, not only could a gamer have a Ronaldo on their team, it would be a super Ronaldo with better stats than normal.

Is there a loot box in FIFA 19?

The video game publisher Electronic Arts (EA) has finally given into to pressure and revealed the odds for loot boxes found in its new FIFA 19 video game. The latest soccer game from the company released recently and was, as expected, very popular. However, for the first time, the odds for the loot boxes have been revealed, and they are not great.

What is a loot box?

Loot boxes, which typically offer random collections of virtual goods with the tantalizing (and often very small) chance of winning something that could give you an advantage in a game, can bring in piles of money for studios but have come under criticism for being linked to gambling.

When did the blind draw loot boxes disappear in Fortnite?

Epic Games removed blind draw loot boxes in Fortnite’s “Save the World” mode in 2019 and now allows players to see what’s inside them before purchase. Bungie removed paid loot boxes from Destiny 2 in 2020.

What is FUT mode?

Image: Electronic Arts. Electronic Arts wants to push FIFA players to the FIFA Ultimate Team (FUT) mode, which lets people spend real-world money and in-game currency to buy loot boxes with virtual athletes, according to documents obtained by CBC News.

Can you play EA games without spending?

When asked to clarify, he did not respond. “All EA games can be played without spending on in-game items, and the majority of players do not spend,” Charlie Fortescue said in a statement. And regarding the term “grind currency,” an EA spokesperson told CBC News that “‘grind currency’ is not a term we typically use.”.

When was the loot box introduced?

The first known instance of a loot-box system is believed to be an item called "Gachapon ticket" which was introduced in the Japanese version of MapleStory, a side-scrolling MMORPG, in June 2004. Such tickets were sold at the price of 100 Japanese yen per ticket.

Why do video games have loot boxes?

They are seen by developers and publishers of video games not only to help generate ongoing revenue for games while avoiding drawbacks of paid downloadable content or game subscriptions, but to also keep player interest within games by offering new content and cosmetics through loot-box reward systems.

What is the opening of a loot box in Overwatch?

The opening of a loot box from Overwatch. Elements such as the box shaking, the flying discs with rarity indicated by colour, and the final reveal, are designed to heighten the appeal of opening loot boxes. Once the process is done, the player is presented with a button to take them to the shop to buy more boxes.

What happens when you run out of loot boxes?

When the player runs out of loot boxes or keys, a prominent button may be displayed with which they can buy more. The items that can be granted by a loot box are usually graded by "rarity", with the probability of receiving an item decreasing rapidly with each grade.

Why are loot boxes important?

Loot boxes are considered part of the compulsion loop of game design to keep players invested in a game. Such compulsion loops are known to contribute towards video game addiction and are frequently compared to gambling addiction.

When did loot boxes start?

They first appeared in 2004 through 2007, and have appeared in many free-to-play games and in some full-priced titles since then.

Do loot boxes work with booster packs?

However, opponents of loot boxes address the fact that the process of opening a digital loot box is designed around a sensory experience and immediate return that can affect those that may be prone to gambling, a factor that does not exist with physical booster packs.