Wemade boycotts GStar 2013

Namkoong Whon, CEO of Wemade Entertainment, declared a boycott against GStar 2013 through his Facebook. He also proposed not to participate in GStar 2013 to people in the industry because National Assembly members from Busan participated in proposing a constitutional amendment that includes several bills tighten regulations on games such as Shutdown system.

According to the new regulations, Shutdown system is expanded not to allow adolescents who are under 19 to play games from 10:00PM to 7:00AM. In addition, each game company needs to pay 1% of their total revenue as an extra tax for building funds to cure game addicts.

Gstar could become a biggest game show in Korea because it is a kind of mutual project of Korean government and game companies. Busan has been selected as the host city of GStar from 2013 to 2016. According to a research, GStar has created more than US$95 million Economic Values for Busan last year. Wemade Entertainment was the official sponsor of GStar 2012.

The one of reasons makes Korean game industry people angry is that the government collect 0.35% of the total revenue from Casino and horse racing companies as an extra tax while they demand Game industry for 1%.

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