![]() ![]() ![]() an expansion of the grounds to revoke age ratings for games.inclusion of the definition of a loot box and the requirement of gaming business operators to disclose information on loot boxes, including the types and odds of acquiring items.a general obligation on gaming business operators to not encourage or allow speculative activities using games, which the Ministry of Culture, Sports and Tourism (MCST) can issue corrective orders against.a domestic agent system that would require overseas gaming business operators to appoint a domestic agent in order to prevent communication problems with users regarding user protection.The material terms of the Amendment Bill include: In December 2020, a comprehensive amendment bill (the “Amendment Bill”) that includes new and stricter regulations was introduced to protect game users and prevent speculative activities. The Game Industry Promotion Act (the “Game Industry Act”) was enacted in 2006. ![]()
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