{"id":3239,"date":"2022-11-08T00:00:50","date_gmt":"2022-11-08T00:00:50","guid":{"rendered":"https:\/\/bettingsitesreviewed.co.uk\/?p=3239"},"modified":"2022-11-08T08:12:30","modified_gmt":"2022-11-08T08:12:30","slug":"chinese-gaming-revenues-to-dip-by-1-8b-this-year-the-first-drop-in-countrys-history","status":"publish","type":"post","link":"https:\/\/bettingsitesreviewed.co.uk\/blog\/2022\/11\/08\/chinese-gaming-revenues-to-dip-by-1-6b-this-year-the-first-drop-in-countrys-history\/","title":{"rendered":"Chinese Gaming Revenues to Dip by $1.6B this Year, the First Drop in Country`s History"},"content":{"rendered":"

For the first time in its history, the gaming industry has seen its user base shrink this year. The number of gamers is expected to plunge by 175 million in 2022, and nearly one-third of that drop comes from China. However, the world`s largest gaming industry also witnessed a considerable revenue decrease.<\/p>\n

According to data presented by Fair Betting Sites<\/a>, Chinese gaming revenues are expected to dip by a massive $1.6bn this year.<\/p>\n

Gaming Restrictions Cutting Down Revenue and Users<\/strong><\/h3>\n

Unlike many other sectors, the gaming industry has seen its revenues and users surge in the past few years, showing impressive resilience to global economic shocks. However, that changed in 2022, as the entire market faced many challenges, including inflation and regulatory issues in China.<\/p>\n