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Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

Video games companies in China closing shop in droves

January 6, 2022 iGaming & Gambling

Game over in China? Since the end of July 2021, China has not approved any new video game titles.

Indeed, a Chinese law requires each game intended to be sold in Chinese territory to obtain the authorisation of the Communist Party, whether it is a game for mobile, PC or console.

Game over in China? Since the end of July 2021, China has not approved any new video game titles.

Indeed, a Chinese law requires each game intended to be sold in Chinese territory to obtain the authorisation of the Communist Party, whether it is a game for mobile, PC or console.

The impact is significant as the Chinese market regularly ranks in first or second place in the video game industry with the United States.

A ‘scourge’ for youth

The freeze comes as China regulated gambling time for minors in September 2021.

Each young Chinese person under the age of 18 can play for no more than three hours per week.

These regulations come at a time when the Chinese government is trying to address its young citizens’ “addiction to screens,” considered a scourge by authorities.

Indeed, it was not uncommon in China to see cybercafés where young people spent their day playing video games.

For these minors, gaming could be a hobby, or a passion, but also even a job and a sign of recognition.

Chinese players of video games like “League of Legends” were extremely well paid and viewed as genuine stars in their country.

While this freeze prevents Western games from entering the market, local games are also suffering from the situation.

Digital giants such as Bytedance, Baidu and Tencent are relocating some of their studios to locations outside China, such as Taiwan or Hong Kong.

This crackdown could also be linked to the government’s decision to promote games that are more in line with Chinese ideals.

https://www.freemalaysiatoday.com/category/leisure/entertainment/2022/01/06/video-games-companies-in-china-closing-shop-in-droves/

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