In the past I might've been more critical of the parents, but honestly in this day and age?

Large publishers and developers exist to exploit people. They exploit workers by overhiring, overworking, and then firing them gracelessly whenever they've managed to push out the next paint-by-numbers turd they have planned. It releases to the public in an unfinished state, yet the consumer is expected to shell out hundreds of dollars not only for the base game, but for season passes, FOMO mechanics, in-game shops, gambling and other anti-consumer bullshit.

They scheme to create more and more insidious systems to keep the player hooked, all the while they're abusing their workers, playing with their lives, and sometimes literally stealing from them.

The modern AAA gaming industry is worse than it ever has been, and these parents aren't wrong; the games are designed to be addictive. They'd outright encourage people to mortgage their home and steal their parents' credit cards if they thought they could get away with it.