[Consulting] Legal review of game and event related to the Act on the Prohibition of Unfair Trade Practices]

Article posted in 2022-03-24 10:02:51 | VEAT

Law firm Veat was commissioned by A, a mobile game development company, to conduct a legal review of whether there was a violation of the Game and Event Supervision Act and other related laws regarding the wrongdoing of games and events.

Law firm Veat was commissioned by A to request legal counsel regarding an event in which a prize was awarded if the game results were repeatedly guessed correctly. Law firm Veat conducted comprehensive legal counsel in this matter, where the issue was whether there was expenditure of funds. It reviewed the Act on Promotion of Game Industry (Game Industry Act), the Special Act on Regulation and Punishment of Gambling and Other Unlawful Activities (Game and Event Supervision Act), and other related laws.

The State defines its purpose as preventing the stimulation of gambling through gambling activities as stipulated in Article 1 of the Game and Event Supervision Act and maintaining good morals by regulating and punishing related activities. Therefore, to conduct such business, it has strict requirements, such as obtaining approval from the Minister of Internal Affairs and Safety (Article 4 of the Special Act on Regulation and Punishment of Gambling and Other Unlawful Activities).

Based on its familiar understanding of game culture, Law firm Veat has successfully resolved various legal issues related to game services. If you need legal counsel regarding game services, such as the Act on Promotion of Game Industry (Game Industry Act) and the Special Act on Regulation and Punishment of Gambling and Other Unlawful Activities (Game and Event Supervision Act), please contact Law firm Veat.

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