A new bill was introduced in the National Assembly on the 23rd, proposing a fine of up to 3% of a game company's total revenue for those failing to disclose, or intentionally misrepresenting, the odds of their probability-based items.

Democratic Party lawmaker Kim Seong-hwe announced on the 23rd that he had spearheaded an amendment to the Game Industry Promotion Act. As it stands, the current law requires operators to disclose the types and probabilities of probability-based items. If they fail to comply even after a corrective order from the Ministry of Culture, Sports and Tourism, the current penalties are limited to a maximum of two years in prison or a fine of 20,000,000 KRW.

Critics have long argued that these penalties are far below the profits reaped from such illicit practices, highlighting the need for a mechanism to claw back economic gains obtained through illegal activities. This newly proposed bill aims to act as a preemptive deterrent against such 'dodgy tactics' by imposing fines of up to 3% of total revenue or 1,000,000,000 KRW.

Regarding the bill, Assemblyman Kim stated, "The issue of probability-based items isn't just about a minor omission; it is an act that undermines the market order built on user trust." He further added, "Only when game companies compete on the strength of their craft and gameplay, rather than relying on short-term monetization schemes, can individual firms and the entire South Korean gaming industry achieve sustainable growth."

The amendment was co-sponsored by lawmakers Kim Ki-pyo, Kim Nam-hee, Kim Han-kyu, Mo Kyung-jong, Park Ji-won, Park Ji-hye, Lee Ki-heon, Jang Cheol-min, and Hwang Jung-ah.