China cuts playing time for players under 18 to 3 hours a week

China banned under-18s from playing video games for more than three hours a week, a severe social intervention it said was necessary to pull the plug on a growing addiction to what it once described as “spiritual opium.” The new rules, published on Monday, are part of a major shift by Beijing to tighten control … Read more

Tribute to developer Kings, Tencent Rides Gaming, advertising surge to beat quarterly estimates

Tencent beat forecasts with a 29 percent jump in second-quarter profit, helped by an increase in popular game revenue and growth in online advertising sales. Strong demand for games like Honor of Kings and PUBG Mobile offset a decrease in revenue from their Battle Royale Peacekeeper Elite title. Net income for the three months to … Read more