Monday, September 3, 2018
From South China Morning Post:
China’s new gaming regulator has been revealed after a months-long halt on approvals for new videos games triggered by a massive government shake-up. The State Administration of Press and Publications, directly under the publicity department of the Chinese Communist Party, will take over the role, highlighting the Party’s tightening grip over the gaming industry.
All games, even those offered for free, will be required to obtain a license to get published in China, the world’s largest gaming market, worth an estimated US$2 billion in revenue this year. However, authorities have not approved any new game licenses since the end of March, contributing to the slowest first half growth in the country’s games industry in at least a decade, according to data from researcher CNG.
China has the most rigorous game approval process of any major market, an extension of broader restrictions on television, newspapers and the internet.
Read more here.