Tencent's stock crashes 16% in minutes as China announces guidelines aimed reducing "excessive gaming."

Arsic said:
Yes
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Okay...........be careful of what you ask for.


I'll just say, it's odd seeing people on GAF like this move by China, but whine when a producer of a video game asks his artist to make a character's boobs a little smaller or add a person of color to the cast. It's odd when some people want a country to dictate things in gaming like this, but get mad at a publisher if they ask a developer to slightly modify something within their game.
 
China out here like the drug dealer that never touches the stuff themselves.

Honestly, this seems like a net positive for kids in China. Lord knows most children these days will grow up with serious dopamine issues.
 
splattered said:
Good, rest of the world should follow.

I love me some games but some of the monetization is just straight up predatory.
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It doesn't even make sense.

When it comes to lotteries, sports gambling, casinos, scratch and win contests, raffles etc.... there's all kinds of regulations including posting the odds of winning a prize.

When it comes to paying mtx for loot crates and other junk, any company can create their own mtx grab bag and no gov seems to do anything about controlling it.

Figure that one out.
 
Holy shit...

China just systematically destroyed the gatcha market overnight.

Many of these F2P games will have to radically change how the attempt to drive customer engagement as well as commercialise. Some may not even survive this.

Fuck, China may have just completely destroyed the F2P gatcha market outright here. This may be bigger than we think.

I hope Tencent turn tail and divert billions from gatchas into more traditional AAA franchises now.

Feels like the epoch of GaaS whore-chasing may finally be coming to an end.
 
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If only Ryan Davis were alive to see this day. We'd get an updated T-Shirt to boot. China do care!
 
You've got to wonder if just making the developers include a running tally of what the user has spent (in real-world currency) over a 3, 6, 12 month period would curb a lot of the excesses without limiting those that have the money to burn and just enjoy doing that. Can't really shed a tear for the probability based crap, that's always really cringe anyway.

Overall this one doesn't seem quite as heavy handed as the last set of gaming regulations they passed (with the time limit thing), but still not something I want imposed on myself. LOL
 
Well on the face of it, those seem like smart rules. No love for anyone who gets their income nerfed because they can't provide casinos for kids.
 
It all sounds good, until they force people to login with their real names and use those to limit how much time they can spend gaming like they do to kids.

"-No, we know what's best for you, don't question and obey."
 
Hudo said:
So Tencent is now 8.4cent?
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giphy.gif
 
mckmas8808 said:
Okay...........be careful of what you ask for.


I'll just say, it's odd seeing people on GAF like this move by China, but whine when a producer of a video game asks his artist to make a character's boobs a little smaller or add a person of color to the cast. It's odd when some people want a country to dictate things in gaming like this, but get mad at a publisher if they ask a developer to slightly modify something within their game.
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I think those are two distinctly separate issues. Predatory monetization has been allowed to absolutely flourish in gaming - to the point where governments have stepped in to regulate it (primarily with lootboxes) . China is not the first to take these kinds of steps, but it is a welcome addition. I can't speak for anyone but myself, but I applaud any government that recognizes this is a serious problem. Monetization tactics designed to target vulnerable people and children is reason enough for me. Since some game companies can't control their greed, it's reached a point where governments have to get involved. I believe we can expect to see more of this as time goes on.
 
Kings Field said:
Government regulations is never the answer to victimless crimes.
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People are happy with this until western goverments try to force Valve to remove lootboxes from their games, then suddenly everyone marchs in defense of game devs.

I mean, it happened in the EU already.
 
ChorizoPicozo said:
what kind of games does Tencent make?
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Directly? Almost nothing. Tencent Games itself makes PUBG Mobile though the original version is made by Krafton.

Indirectly? They are investors in many game companies, including 40% of Epic Games. Since Unreal Engine is used for everything, while they directly make almost nothing, in that sense they also make almost everything.

Tencent is used sort of like a sovereign wealth fund for China. They invest in all sorts of things besides gaming.
 
Be an Entrepreneur, make the money works for you and do whatever you want, people will hate you for that but that's not the point, the point is you're not missing anything by doing all that, it's your choice.
 
Generic said:
People are happy with this until western goverments try to force Valve to remove lootboxes from their games, then suddenly everyone marchs in defense of game devs.

I mean, it happened in the EU already.
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They see it here in the west all the time. People give an inch and year after year the government takes more and more.

Parents need to be parents and be involved with their kids and what they're doing if this is a big problem.

The government being a babysitter for people's kids never ends well.
 
mckmas8808 said:
I'll just say, it's odd seeing people on GAF like this move by China, but whine when a producer of a video game asks his artist to make a character's boobs a little smaller or add a person of color to the cast. It's odd when some people want a country to dictate things in gaming like this, but get mad at a publisher if they ask a developer to slightly modify something within their game.
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It's simple. We like looking at big boobs and dislike diversity being shoehorned into our games. We also dislike gambling in our games.
 
Western countries will do the same in 10-20 years after seeing how mentally wrecked the recent and current generation of kids will be by all the unregulated filth they access in games and on phones.
 
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I'm pretty torn on this.

In the west you'd all call this huge government overreach. Which it is.

That said, these game designs/mechanics have been a cancer on the industry for a good 5 years now and it's not getting better.

I wish the market would have been able to solve this without government intervention but the gamers have already spoken with their wallets. Buy moar!
 
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