China online game revenues to hit us$ 11 billion in 3 years
Chinese Internet penetration is around 27 % according to the latest government data, compared to over 70 % in more developed Asian neighbors South Korea and Japan.
Industry revenues are expected to hit us$ 3.8 billion this year and grow by an average of 41.2 % over the next three years, said Beijing-based research firm Analysys International. By 2012, China's online game sector will have 230 million online gamers compared with 69 million currently, and rake in revenues of us$ 829 million, it said. Major players in the sector include Tencent Holdings, Shanda Games and NetEase.com.
Despite the bullish outlook, regulatory risks pose significant overhang for online gaming plays as China steps up oversight of the booming sector, limiting foreign investment and tightening regulations.
State attorneys general push for local control over sports prediction markets
CT Interactive introduces classic-style slot 5 Chilli Fruits with 5000x max win
Massachusetts high court signals skepticism in Kalshi sports contracts case
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Red Rock Resorts posts record quarterly revenue, flags construction impact
CT Interactive expands portfolio, boosts Bulgaria presence in April
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
Racing and Sports partners with Altenar to enhance global racing offering
Mexico's iGaming market breaks its four-year uptrend
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
