Riot Games increases League of Legends pricing by 20% in the UK
Riot Games Blames Brexit for this change in pricing
Published: 5th July 2017 | Source: Riot Games |
UK Gamers will now need to pay 20% more for Riot Points
Riot Games has announced that they will be increasing the price of Riot Points (RP) in the UK to account for changes in the value of the Pound (GDP), the UK's currency.
The company has officially blamed Brexit on this decision, with the value of the pound dropping 20% (when compared to the US Dollar ($)) since the referendum. Riot Games is based in Los Angeles in the US, which means that the company deals on Dollars and not British Pounds.
This means that League of Legends players were effectively paying 20% less than they should have since the value of the Pound changed, with Riot choosing to keep prices fixed for a year since the vote to see if the UK's economy would stabilise. Now it is clear that this 20% fluctuation was not temporary, forcing Riot Games to change the pricing on in-game currency.
The value of pound sterling fell dramatically following the EU referendum last June. We constantly review RP pricing globally so every player is spending roughly the same amount of money to get the same amount of RP. This change threw that out of whack, so we decided to make an adjustment.
(Table from Eurogamer)
This pricing changed will take place on July 25th at 23:59 BST, so League of Legends players in the UK can still purchase Riot Points at their old pricing for another 20 days.
You can join the discussion on Riot Games increasing the UK pricing of League of Legends' RP currency on the OC3D Forums.