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S. Korea to Focus on Fostering Console Game Industry over Next 5 Yrs: Culture Ministry

S. Korea to Focus on Fostering Console Game Industry over Next 5 Yrs: Culture Ministry

SEOUL, May 1 (Korea Bizwire) — South Korea will focus on fostering its console game sector over the next five years as part of efforts revive the country’s game industry, the culture ministry said Wednesday. Under the five-year plan to promote the game industry, the Ministry of Culture, Sports and Tourism will work to expand [...]

Nexon’s Dungeon & Fighter Mobile Set to Launch in Chinese Market in May

Nexon’s Dungeon & Fighter Mobile Set to Launch in Chinese Market in May

SEOUL, Apr. 22 (Korea Bizwire) – South Korea’s online gaming giant Nexon Co. said Monday it will release a mobile version of its smash-hit title, Dungeon & Fighter, in China next month. Dungeon & Fighter Mobile will hit the Chinese market on May 21 and be operated by local game publisher Tencent Games, according to [...]

South Korea’s Antitrust Watchdog Investigates Probability Manipulation in Online Game

South Korea’s Antitrust Watchdog Investigates Probability Manipulation in Online Game

SEJONG, Apr. 18 (Korea Bizwire) – The Fair Trade Commission of South Korea has launched an investigation into allegations that the online game “Night Crows” manipulated the probabilities of obtaining in-game items. According to industry sources, the commission dispatched investigators to the headquarters of WeMade, the game’s developer, in Seongnam, Gyeonggi Province, to secure data related [...]

South Korea Aims to Curb Online Gambling Games Featuring Admiral Yi Sun-sin

South Korea Aims to Curb Online Gambling Games Featuring Admiral Yi Sun-sin

SEOUL, Apr. 17 (Korea Bizwire) – As controversy swirled over the global circulation of an online slot machine game featuring the revered Korean naval commander Admiral Yi Sun-sin, the Korea Communications Standards Commission vowed to actively monitor and review such offerings to prevent their proliferation. The commission first requested that platform operators like YouTube enforce self-regulation [...]

Korean Games Misreport Loot Box Odds, Triggering Legal Probe and Gamer Outrage

Korean Games Misreport Loot Box Odds, Triggering Legal Probe and Gamer Outrage

SEOUL, Apr. 6 (Korea Bizwire) –With a new law mandating transparency on loot box odds in video games taking effect, multiple South Korean game companies have acknowledged errors in how they previously disclosed the probabilities of receiving rare in-game items, raising concerns among gamers about potential manipulation. In recent days, major publishers including Gravity for [...]

Nexon Korea Challenges Fair Trade Commission with Lawsuit over MapleStory In-Game Item Sales

Nexon Korea Challenges Fair Trade Commission with Lawsuit over MapleStory In-Game Item Sales

SEOUL, Mar. 11 (Korea Bizwire) –Nexon Korea has initiated legal action against the Fair Trade Commission (FTC), challenging the sanctions imposed by the regulator over its sale of random-chance items in the popular online game MapleStory. The FTC had previously issued a corrective order and imposed a fine of approximately 11.6 billion won ($9.7 million) [...]

Hyundai Launches Mobility-themed Game on Online Platform Roblox

Hyundai Launches Mobility-themed Game on Online Platform Roblox

SEOUL, Jan. 15 (Korea Bizwire) — Hyundai Motor Co. said Monday it has launched a mobility-themed game on popular global online platform Roblox to showcase the company’s future vision to young gamers. Titled “Hyundai Future Adventure,” the game consists of six jump-action challenges themed around future mobility. Players take their journey exploring a future-themed park [...]

Game Management Committee Prepares to Monitor Loot Box Regulations Amidst Staffing Concerns

Game Management Committee Prepares to Monitor Loot Box Regulations Amidst Staffing Concerns

SEOUL, Jan. 11 (Korea Bizwire) – South Korea’s Game Rating and Administration Committee (GRAC) is gearing up for the implementation of mandatory loot box probability disclosure requirements set to begin this March. However, concerns have been raised about the committee’s capacity to conduct thorough investigations due to its plan to fill the 24-member monitoring team with [...]

League of Legends World Championship Finals in Seoul: T1 Triumphs in Spectacular Showdown, Setting Records and Cementing Esports Legacy

League of Legends World Championship Finals in Seoul: T1 Triumphs in Spectacular Showdown, Setting Records and Cementing Esports Legacy

SEOUL, Nov. 19 (Korea Bizwire) – The Gocheok Sky Dome in Seoul, South Korea, brimmed with excitement from early afternoon on November 19th for the culmination of the League of Legends World Championship, the globe’s premier esports event. The 18,000-seat arena filled rapidly, while Gwanghwamun Square in Seoul mirrored the fervor. Despite the biting winds, [...]

Reimagining Gaming: G-STAR Unveils Shift to Console Platforms and Subculture Games

Reimagining Gaming: G-STAR Unveils Shift to Console Platforms and Subculture Games

SEOUL, Nov. 14 (Korea Bizwire) – At the upcoming G-STAR, Korea’s prime gaming exhibition, the industry will unveil new titles focused on delivering inherent fun and leveraging intellectual property (IP). These submissions and booth plans highlight a forecast: console platforms and subculture games, specifically the Japanese anime-style, are set to become pivotal in 2024′s gaming landscape. [...]