Teenager spends $25,000 on Monopoly GO in micro transaction accident

Source Cryptopolitan

A 17-year-old allegedly spent $25,000 on micro-transactions in the Monopoly GO in-app purchases section. These transactions allow users to unlock rewards and level up faster, and many users have been known to spend high amounts on these achievements. 

This teenager is not the first to spend a big chunk of money on Monopoly GO. Previously, another user also reported spending $1,000 on the game before removing it. However, even that case is only a small fraction of what this teenager spent recently on the free-to-play game, as discovered by the parents.

Deleted Reddit comment of a parent complaining about their child's Monopoly Go in-app spending
Deleted Reddit comment of a parent complaining about their child’s Monopoly GO in-app spending. Source: Reddit

In a deleted Reddit post, the parent of a 17-year-old shared that their daughter had spent $25,000 without consent on over 368 purchases in Monopoly GO through the App Store. The parent seemed concerned and looking to find “who to write to” and was hoping for a return.

The comment section didn’t bring any good news for the parents, as Monopoly GO’s terms and conditions hold the user responsible for any payment made, whether intentional or not.

Monopoly GO and other games raise revenue through micro-transactions

Free-to-play games can earn profit through small transactions. According to AppMagic data, Pokemon TCG Pocket also made revenue of $208 million in its launch month.

Player spending on Pokemon TCG Pocket between October 30 and November 26.
Player spending on Pokemon TCG Pocket between October 30 and November 26. Source: PocketGamer

Back in 2023, an NBA 2K player also filed a lawsuit against Take-Two Interactive for its microtransaction strategy.

The recent Monopoly GO case by the teenager won’t reach any positive conclusion, especially one that the parent receives any returns on the unauthorized transactions. However, it does raise concerns about the nature of in-app spending, especially in games that underaged players can access.

It’s not difficult to understand why the gaming industry prefers this model, as it generates high revenues for the publishers.

For example, Diablo 4 brought in 150 million from player micro-transactions. The information is publicly shared in the LinkedIn profile of the game’s Senior Product Manager. He detailed his work on Diablo 4 monetization, which includes bundles and discounts that reportedly brought in $150 million.

It also works because players tend to consent to smaller payments more easily, which eventually becomes a regular expense.

Still, gamers consider micro-transactions within apps misleading and often criticize them.

From Zero to Web3 Pro: Your 90-Day Career Launch Plan

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: US Non-Farm Payrolls Miss Expectations, Gold Surges Over $100, Can the Bull Run Continue?As of the Asian session on July 3, gold prices ( XAUUSD) extended yesterday's rally, climbing to an intraday high of $4,195.52. Looking at the charts, gold has gained over $100 in total s
Author  TradingKey
13 hours ago
As of the Asian session on July 3, gold prices ( XAUUSD) extended yesterday's rally, climbing to an intraday high of $4,195.52. Looking at the charts, gold has gained over $100 in total s
placeholder
Gold gains momentum above $4,100 after weak US NFP data Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls ‌(NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Author  FXStreet
21 hours ago
Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls ‌(NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
placeholder
WTI Crude Oil Price Forecast: Trump Says US-Iran Talks Progressing Smoothly, Oil May Fall Below $60 As of the European session on July 2, WTI ( USOIL) crude oil prices fluctuated with a weak bias around $68, extending their prior downward trend. From a technical perspective, against the
Author  TradingKey
Yesterday 10: 09
As of the European session on July 2, WTI ( USOIL) crude oil prices fluctuated with a weak bias around $68, extending their prior downward trend. From a technical perspective, against the
placeholder
Japanese Yen recovers sharply from 40-year low as intervention bets trigger short-coveringThe USD/JPY pair comes under intense selling pressure and plummets to the 161.00 neighborhood heading into the European session on Thursday, snapping a three-day winning streak to the highest since 1986 set the previous day.
Author  FXStreet
Yesterday 08: 10
The USD/JPY pair comes under intense selling pressure and plummets to the 161.00 neighborhood heading into the European session on Thursday, snapping a three-day winning streak to the highest since 1986 set the previous day.
placeholder
Fed Chair Warsh Says Inflation Risks Are Receding, Sending Gold Rebounding by Nearly $100On Wednesday (July 1), Eastern Time, Federal Reserve Chairman Warsh stated at the ECB's annual forum in Sintra, Portugal, that while recent US inflation expectations and inflation risks h
Author  TradingKey
Yesterday 03: 17
On Wednesday (July 1), Eastern Time, Federal Reserve Chairman Warsh stated at the ECB's annual forum in Sintra, Portugal, that while recent US inflation expectations and inflation risks h
goTop
quote