Games & Commerce
Web board games monthly payment cap raised to 1 million won after Cabinet meeting approval
South Korea will raise the monthly payment cap for online web board games to 1 million won from 700,000 won. The Ministry of Culture, Sports and Tourism said on Jan. 27 that a revision to the enforcement decree of the Game Industry Promotion Act passed a Cabinet meeting. The change applies to web board games that simulate betting and payouts, including hwatu, poker and sports outcome prediction. The move follows an approaching sunset deadline and consultations with industry and academia.
