Republic of Korea: National Assembly adopted Bill amending Game Industry Promotion Act (Law No. 20485) including operational license requirement

On 22 October 2024, the National Assembly of Korea adopted the Bill amending the Act on the Promotion of the Game Industry, introducing a new requirement for certain game businesses to obtain an operational license. The Bill requires businesses engaged in providing specific game-related services, such as distribution platforms and cloud gaming, to secure official authorisation from the government prior to commencing operations.