The one time the CCP backs away from clamping down on the private sector, it's over video game microtransactions and gacha. Go figure.
this post was submitted on 03 Jan 2024
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It's not a private sector over there, the government owns part of Tencent (or something similar, don't quote me).
I was surprised to hear of their ban in the first place, given how big MTX are in China.
Shame As those rules seemed to be long overdue, common sense regulation
Shows just how much valuation is really backed up by those scummy tactics
Literally, $80 billion dollars, that’s how much Chinese gaming companies lost in stock value when it was announced. Given Xi is trying to stoke confidence in the economy I can bet he was pissed this was done now of all times. Kids gambling is a valuable market unfortunately.
Seems like someone with foreknowledge of the reversal could have made some money there, doesn't it?
I can agree with the consecutive spending one, that seems like something that shouldn't be allowed, but log in bonuses? Sure it's an obvious way of getting people to keep playing your game by at least getting them to log in, but it's functionally no different from daily quests in that regard. Wow, now your log in bonus is instead a daily quest to do something extremely trivial that takes 10 seconds. And if lawmakers start wanting to forbid the concept of daily quests then I would like them to get the fuck away from my hobby.
First time spending bonuses kinda w/e, it is a pretty manipulative thing but it's so easy to work around too, just put in a one time purchasable thing that gives better value.
Makes sense though since the article said it's more about the scare of more such regulation coming than necessarily the specific proposal.
Why should your hobby benefit from you checking in on it every day, unless it's something living? That sounds less like a hobby and more like a task. I think daily's are a huge symptom of commodified gaming, I stopped playing world of Warcraft when they introduced repeatable daily quests.