Feels like there should be a precedent along these lines by now. Do these cases get settled so commonly that none covering this type of case have been ruled on yet?
There have been multiple. It is considered illegal**
** This is here to point out that it being illegal can be interpreted in multiple ways. Some steps of the process have not been covered. Like "is writing everywhere that i allow you to buy a thing or possess it but only give you a temporary licence to play it under TOS and EULA that you cannot physically read legal?"
You can make the argument that any precedent might not apply to a new case due to a distinction being made. The nature of precedents seems to be that they are a set of basic facts, a judgement, and only a guide as to how future cases might be considered. Of course every case is unique in some ways that may or may not matter.
** This is here to point out that it being illegal can be interpreted in multiple ways. Some steps of the process have not been covered. Like "is writing everywhere that i allow you to buy a thing or possess it but only give you a temporary licence to play it under TOS and EULA that you cannot physically read legal?"