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Further and more involved issues revolve around the issue of how or if real-money trading subjects the virtual economy to laws relating to the real economy.
Some argue that to allow in-game items to have monetary values makes these games, essentially, gambling venues, which would be subject to legal regulation as such.
Another issue is the impact of taxation that may apply if in-game items are seen as having real value. If for example a magic sword is considered to have real-world value, a player who kills a powerful monster to earn such a sword could find himself being charged tax on the value of the sword, as would be normal for a "prize winning".
This would make it impossible for any player of the game not to participate in real-money trading. A third issue is the involvement of the world's developer or maintenance staff in such transactions.
Since a developer may change the virtual world any time, ban a player, delete items, or even simply take the world down never to return, the issue of their responsibility in the case where real money investments are lost through items being lost or becoming inaccessible is significant.
Richard Bartle argued that this aspect negates the whole idea of ownership in virtual worlds,  and thus in the absence of real ownership no real trade may occur.
Some developers have acted deliberately to delete items that have been traded for money, as in Final Fantasy XI , where a task force was set up to delete characters involved in selling in-game currency for real-world money.
However, Second Life has shown a legal example which may indicate that the developer can be in part held responsible for such losses. Second Life at one stage, offered and advertised the ability to "own virtual land", which was purchased for real money.
In , Marc Bragg, an attorney, was banned from Second Life ; in response he sued the developers for thereby depriving him of his land, which he — based on the developers' own statements — "owned".
The lawsuit ended with a settlement in which Bragg was re-admitted to Second Life. The details of the final settlement were not released, but the word "own" was removed from all advertising as a result.
Bragg purchased his land directly from the developers, and thus they were not an uninvolved third party in his transactions.
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