Addiction to online gaming has become an addiction in China – the world’s biggest gaming market. Chinese authorities have begun cracking down on this addiction by limiting gaming hours to under-aged played.
With the Chinese government focusing on ways to tackle gaming addiction, Tencent Holdings, China’s biggest gaming and social media company, stated it will introduce a registration system for a popular game named Honour of Kings wherein participants will have to enter their actual name.
Tencent’s system is scheduled to be introduced around September 15 and will be linked to China’s public security database. It will be the first of its kind in the Chinese gaming industry.
The system is aimed at accurately identifying under-aged players and impose a play time restriction which it had announced previously.
“Through these measures, Tencent hopes to continue to better guide under-aged players to game sensibly,” said Tencent in a statement on its official WeChat account.
With this news reaching the market, Tencent’s shares slumped by more than 3% in afternoon trading to their lowest level in more than a year.
The developments follows a Chinese crackdown on online gaming, citing increased risks from myopia.
The regulatory scrutiny increases risks for gaming companies in China – the world’s biggest gaming market.
In 2017, the People’s Daily, the Communist Party’s mouthpiece, alluded the game – Honour of Kings – as poison while calling for tighter regulatory controls for online games.