It's funny that these publications only learned that this year when Valve has had a publicly available company directory on their website with names, pictures and email addresses since forever.
this post was submitted on 29 Dec 2024
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They didn't just learn about it there have been articles about it for years and years they just post the same old article from a few years ago and act like it's new
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Kinda exposes the lie about entrepreneurship being about job creation. Not all high tides raise all ships.
A great deal of that money comes Valve running an illegal underage casino, and getting young kids addicted to gambling.
Valve running an illegal underage casino
Valve doesn't run the casino. Valve owns the real estate under the casino and collects a rent. The casino is run by a kaleidoscope of fly-by-night marketing firms after being constructed with sweatshop labor from development studios in countries with abysmal labor laws.
Turns out, it takes very few employees to be the landlord of a casino. But the casino can't make money without a battalion of scammy sales shits and a legion of cheap construction workers. Valve can't make money without these workers. But because it collects rents on the real estate rather than revenues on the casino itself, it doesn't need to include these staffers in its accounting books.
Valve is directly responsible for skins in Counter Strike which are gotten with 100% gambling mechanics. The fact that they can be sold for real life cash adds to this. I'm not saying its only Valve doing this, plenty of other games on Steam as well, but they certainly have a horse in the race.
Agreed, we should not make it seem like Valve has no responsibility just because it doesn't directly own the casinos, gambling sites, etc. They benefit financially from the way the whole system is set up and they know it. Every round and transaction directly benefits Valve financially. The more underage people get addicted to the casino system they have going on, the more money Valve gets.
I mean, who made the GUI a copy of a slot machine?
They could end this whole thing tomorrow if they wanted to.
I watched my cousin get suckered by one of those a few years ago.
£50 Steam voucher in, fuck all out. Hooray for letting 14 year olds gamble their Christmas presents away...
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No, there's companies that abuse valves market for their underground casinos.
I honestly don't get why you are mad at valve when they are not even in the slighest involved in that process apart from offering the market system. That's like being mad at cloudflare or AWS because a website that scams you uses it.
It's because Epic Games is spending a shitload of money astroturfing these idiots into believing that Valve is personally running a massive counter strike casino and you need to THINK OF THE CHIILLLLDREEEEEEEN.
Which is ironic because fortnite is specifically tailored to children/teens and has had lootboxes until they got sued, had to remove it and were like: "Oh actually we always though lootboxes were stupid :( so we removed them :( pls like us :(."
Now they're probably trying to harm valve this way, which is dumb because counter strike is rated 18+.
And yeeees, no kid gives a shit about age rating - well aware of that. But I'm not sueing porn sites because kids can access porn with just clicking "Yes" on the popup.
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Aren't the kids mostly playing Fortnite and not Counter Strike? Doesn't Fortnite outright advertise to children, have FOMO practices design to keep people addicted and spending money, and promote gun violence.
Well we need to see Valve in court over this how dare they make, host, and promote Fortnite!
Wait.... Valve doesn't make, promote or host Fortnite...
Curious
Tbh valve could stop this by making it only tradeble to your friends or make the skins non tradable so they are just that, skins for you.
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Fucking lol. The lengths you things go to. Just shaking my head at how fucking stupid you must think the average person is. What an incredibly hostile world you have to live in.
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Is that just clever wording or are the employees actually seeing bigger checks?
For once, it looks like the answer is that they do see some big checks. From an article someone posted further down the thread:
https://www.theverge.com/2024/7/13/24197477/valve-employs-few-hundred-people-payroll-redacted
Lowest paid department is hardware, with an average of about $430k/employee.
Now, that is an average, and it's hard to tell from here if a few highly paid employees in each department are throwing that number off.
It's being phrased as an ROI per employee "asset", not as compensation per actual employee.
Gabe is pocketing most of this.
It's not 'clever wording', it says what it is - dividing profit by the number of employees results in a higher number for valve.
The heading isn't comparing employee paychecks,it's about overall company performance.
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