Giant Discontinues Gambling Feature in ZT Online

Wabei.com, 6/29/09

In response to the Chinese Ministry of Culture's most recent series of regulations concerning online game virtual currency, Giant Interactive (NYSE: GA) announced on June 26 that this July 6 it will discontinue the "treasure chest" feature in the free edition of its MMORPG ZT Online. The company also made an official commitment to step up research and development on new features in light of the new regulations.

Editor's Note: Giant did not include the "treasure chest" feature, in which gamers pay RMB 1 for a chest's unknown contents, in its recently launched budget version of ZT Online. For more background on this topic, please see "Giant Launches New Version of ZT Online for Budget Players", MD, 06/19/09 issue.

Keywords: GA Giant Interactive Internet Ministry of Culture MMORPG virtual currency ZT Online online gaming regulation

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