The latest edition of Gamasutra's regular 'The China Angle' column sees Pacific Epoch's Shang Koo discussing the Chinese government cracking down on gambling/virtual currency trading, Netease's results, testing for Korean MMOFPS Sudden Attack Online, and Shanda's offline plans.
Ministries Crack Down On Online Gambling
China's instant messaging and Internet portal behemoth Tencent was the center of attention in China last week as Chinese government ministries announced plans to restrain online gambling and virtual currency trading in China.
China's Ministry of Public Security (MPS), Ministry of Culture (MOC), Ministry of Information Industry (MII) and General Administration of Press and Publications (GAPP) jointly announced on February 25 that the government will inspect and regulate online games that involve gambling in the next three months. The ministries will forbid game operators from charging virtual currency commissions on gambling winnings from online games and forbid players from transferring game points between game accounts.