Connoisseurs of online games are not much different when compared to real money online gambling players. Because the game is a means to get rid of boredom that stems from solid activities, lack of finances and other things. It had a bad impact on Tencent Games. Because the article is that minors are loyal connoisseurs of the game.
China is indeed very superior in providing services to the world of entertainment in the field of technology. Tencent Games is one product that was born from that country. And the audience is sticking out from children to adults. The game company’s success dates back to the early 2000s. While its establishment began in 1998. Utilizing the internet media and modern technological advances have made them more successful and successful in offering all kinds of the most interesting and entertaining online games. But lately the party has placed restrictions on children because it invites a lot of controversy.
Strictly Forbids All Children
As the founder and provider of digital games, Tencent Games already has a list of the best and most popular games in the world. Anyone can play it until they forget the best time to do the main activity. It is known that the game that is their mainstay is Honor of Kings. Some of the adult public considered that the game aroused spiritual addiction. So that those who are still immature will spend a lot of time playing and lingering in front of the cellphone screen. Honor of Kings has successfully competed with a number of world-renowned games such as Supercell, MOBA, EA Games and others. The game market they have relied on so far is Arena of Valor (AOV). In fact, the children of the country are also busy playing it. However, the games strictly forbid spending money on children under the age of 12.
Company Shares Fall Drastically
According to a report by HarapanRakyat.com, the shares of the company Tencent Games fell drastically. This is because of their provisions in limiting spending that originates from among children. Because so far amateurs are willing to spend a lot of money just to enjoy the most massive battle arena and run unlimited fun. It was noted that the share of the allocation of children decreased by 7%. It was clear that Tencent Games had suffered a considerable loss. Whereas their previous profit surge always exceeds the specified limit. However, the existence of this policy made them fall up and down.
On the other hand, the stock decline was in line with NetEase’s shares which changed to 14%. Tencent Games’ stake in Frontier also fell drastically to 4%. Even though the allocation of their funds to the shares is 9%.
CAC Drops Fines
The Cyberspace Administration of China (CAC) is forced to impose fines on game companies that violate applicable rules. Not only Tencent Games had to pay the fine, but a number of other companies such as Alibaba’s Taobao, Weibo Corp., Kuaishou Technology, Little Red Book to Tencent’s QQ.
The penalty is specifically so that all game providers are not arbitrary in seeking profits. Especially if you have to involve minors. Several cyber regulators are also reported to be relocating the use of online or virtual game access to prevent spiritual addiction.
Reportedly, Tencent Games will remove play services for children. And they will only allow adult players over the age of 17 to continue to enjoy the game’s surprising atmosphere.