MN SF4042

Prohibits retailers from selling video games containing loot boxes or randomized reward systems to persons under 18 years of age.

Requires video game providers to verify using commercially reasonable technology that update recipients are 18 or older before adding loot box systems to existing games.

Mandates a warning label on all affected games stating "This game contains a gambling-like mechanism that may promote the development of a gaming disorder that increases the risk of harmful mental or physical health effects, and may expose the user to significant financial risk."

Specifies warning label requirements including minimum size of one-half inch uppercase "WARNING" text, 3/32 inch body copy for physical sales, 16-point font header and 12-point font body for electronic sales, and purchaser acknowledgment for online transactions.

Defines "video game" as any object or device that stores data, receives user-generated instructions, and creates an interactive game playable on computers, gaming systems, consoles, or other technology.