CS:GO has had lootboxes for like 5 years and no one cared. What brought lootboxes to the forefront was when it actually started affecting gameplay (Battlefront 2 being the poster child), which it doesn't in CS:GO. This is also two countries in the world, it's not really a panic situation. It's dubious that regulations will even hold up in many areas of the world because CCGs have been made legally exempt time and time again, and how are they different?
Nobody looked into them during those 5 years and Valve doesn't release numbers. Just because a problem is obfuscated doesn't mean it's not still a problem. Opioids were a huge problem for years but people weren't bringing it to the forefront, that doesn't mean that opioids weren't a problem until they reached national attention. Stating that people ignored a problem doesn't mean we should go back to ignoring the problem.
Not only that but these regulations are popping up here in the US as well and more than just these two countries have started to seriously look into loot boxes even in just the EU, it's even showing up in Japan with a class action lawsuit.
I think one of the key differences between loot boxes and trading cards is that loot boxes are artificial. As demonstrated by crate opening sites you can adjust the odds however you want internally on your own servers where people cannot verify if you're being honest. A CCG pack is there in the package and you can't turn on happy hour for a streamer to pull in people and then give them garbage.
Another MASSSIVE difference is that opening up trading cards isn't framed to be literally a one column slot machine like it is in CS:GO. They're just there and they aren't trying to deliberately copy existing gambling systems.
When you're pushing the boundaries of other regulated industries like this under a technicality so hard that you and your competitors are forcing regulations into existence. I cannot for the life of me consider that to be successful so much as short sighted and self destructive.
No public, non-criminal, company on earth would call themselves successful after creating a popular and international effort to stamp their business model out of existence.
Only good side of Steam is now is their good sales and localized currency exchange rates (at least for me, due to where I live). Other than that, alternatives are getting better and better everyday so I would gladly stop using it if I had the choice.
This time we could complete it by downloading a real small game. I think it was less than 150MB. Honestly liked it, because I did it all in the last day and anything bigger than 1GB would be too much!
I actually just checked around about this and apparently an anti porn agency the "NCOS" is behind this with an email write in campaign. At least they're taking credit for it
I'm trying to remember which title had that exact problem, getting released with high-setting options on PC to then be hidden from the menus and later patched out of the game when it came out on PS4 (where the games resolution and asset quality on both XB and PC had to be held behind the PS).
Edit: Was it Watchdogs?