[Click eStock] "Neowiz Expects Relaxation of Gambling Game Regulations This Year"

[Asia Economy Reporter Hyungsoo Park] Research Alom predicted on the 23rd that Neowiz would benefit from the government's easing of regulations on gambling games.

Researcher Jaeyoung Lee of Research Alom stated, "We are paying attention to the easing of domestic game industry regulations, which has been actively discussed since the beginning of the year," adding, "Discussions on the domestic game industry law are among the policies emphasized by President Moon Jae-in."

He continued, "The third amendment to gambling game regulations is scheduled for this year," and added, "This is expected to be a driving force for Neowiz's performance improvement."

Researcher Lee also analyzed, "The key issue of the amendment to be discussed this year is the expansion or abolition of the daily loss limit," noting, "Last month, the related amendment already passed the Regulatory Reform Committee and is currently awaiting review by the Ministry of Government Legislation."

He further stated, "The related third amendment is expected to be announced as early as mid-next month due to the impact of the novel coronavirus infection (COVID-19)," and expressed expectations that "Neowiz completed a large-scale update last year that integrated mobile servers and PC servers."

This content was produced with the assistance of AI translation services.