Mandatory disclosure of information on stochastic items; government announces measures to protect game users = South Korea

The South Korean Ministry of Culture, Sports, and Tourism recently announced mandatory disclosure of information on probability-based items and measures for overseas gaming in order to eliminate unfair practices in the gaming industry and create a gaming industry that meets global standards.
The company announced that it will implement four policies: the obligation to protect game users, the rescue and prompt compensation of users from fraudulent activities, and the transfer of game grading work to private companies.
As a start, from February 22nd, it will be mandatory to disclose information about probability-type items used in the game. There is also a specialized monitoring team that manages and supervises the release status.
A new facility is planned. The team is made up of 24 members of the Game Property Management Committee and will crack down on cases where probabilities are not made public or false information is published.
Also, through the agent system, game companies cannot unilaterally terminate game services.
At the same time, companies will be obligated to protect their users. In addition, in order to eliminate scams that use items to defraud small amounts of money, we are working with 150 police stations nationwide.
Approximately 200 people were appointed as investigators. Aiming to shorten the time it takes to respond to game fraud. In addition, the Electronic Commerce Act will be introduced so that users can quickly obtain compensation from overseas game companies that do not have legal entities in Korea.
A consent voting system will be introduced. Under this system, if a business operator proposes a corrective plan and the Korea Fair Trade Commission approves the validity of the proposal, the case can be closed without question of illegality.