Tencent – Highly Aligned Leaders in Legal Operations

Chinese Gaming Stocks Jump as Regulator Approves New Titles After Months-long Freeze

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g April 13, 2022 April 13, 2022

By: The HALLO ECHO

April 13, 2022

Chinese regulators have approved the first batch of video games for monetisation since last July, ending a freeze that has hurt some of China’s largest technology firms. US-listed shares of NetEase, one of China’s biggest gaming companies, were up more than 4% in early trade Monday while live-streaming companies Bilibili, Huya and DouYu also…

Brazil Launches Inquiry to Ban Loot Boxes

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g April 8, 2021 April 8, 2021

By: The HALLO ECHO

April 8, 2021

The Brazilian authorities have launched an inquiry aimed at banning loot boxes in the country, on the recommendation of the National Association of Child and Adolescent Defense Centers (ANCED). The association argued that the randomized monetization mechanics are a form of gambling, which is illegal in Brazil, The Esports Observer reported. The inquiry targets…