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2023.01.16

Ruling on the “P2E gambling” Case Shocks the Korean Game Industry

The first court trial of P2E by SkyPeople, a game company that was expected to become a stepping stone for the domestic launch of a money-making game (Play-to-Earn), concluded with the company’s defeat. Partner attorney Ohoon Kwon interpreted the trial outcome as “a precedent making it clear that it is difficult to launch P2E games in Korea under the current law.” The Korean P2E market is expected to maintain this trend for the foreseeable future.

 

URL: Ruling on the “P2E gambling” Case Shocks the Korean Game Industry