China’s video gaming crackdown: 2021 revenue growth slows sharply amid teenage play limits and new licence suspensions

//China’s video gaming crackdown: 2021 revenue growth slows sharply amid teenage play limits and new licence suspensions

China’s video gaming crackdown: 2021 revenue growth slows sharply amid teenage play limits and new licence suspensions

China’s video games market had its slowest revenue growth in three years in 2021 amid Beijing’s crackdown on the industry while the number of players stagnated, according to an industry report released on Thursday.According to the report released by the Game Publishing Committee (GPC) of the China Audio-Video and Digital Publishing Association, China’s state-backed gaming industry association, the industry’s gross sales revenue grew 6.4 per cent in 2021 from a year ago, a sharp reduction from…

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2021-12-17T12:00:18+00:00 December 17th, 2021|Technology|Comments Off on China’s video gaming crackdown: 2021 revenue growth slows sharply amid teenage play limits and new licence suspensions