Samuel Yuen, Managing Director at Yuen Law, recently shared insights on Channel News Asia (“CNA”) regarding the rising grey market for resale of mystery boxes. Spin the wheels games for a chance to win rare collectibles like Labubu figurines have popped up over social media. Samuel highlighted the potential legal risks involved, noting that activities like spin the wheel games are a game of chance and could be considered a form of gambling under Singapore’s Gambling Control Act.
He explained that operators and participants, could face heavy fines or even jail time for engaging in or promoting such activities. Samuel also emphasized the need for stronger measures such as an introduce a cap on the value of the mystery box to mitigate the risk of unlawful gambling activities and protect consumers from potential harm.
Samuel also highlighted concerns over selling custom clothing and accessories for Labubu dolls. While creative, unlicensed replicas of branded items (e.g., LV bags or Supreme tees) may lead to trademark infringement.
For more details on this issue, catch the full conversation in the CNA interview:
Listen to the Podcast, Daily Cuts – Have you been gambling Labubus? – CNA
Read the full article, The lure of Labubu: How people are potentially breaking the law to get their hands on the popular dolls – CNA.
Samuel Yuen is a leading Singapore lawyer recognised by the prestigious Chambers and Partners for his corporate and commercial work. He is a renowned corporate M&A expert with a “multi-threat” background in securities, intellectual property and commercial transactional work. Find out more about Samuel and his work here.