Niko Partners: In 2023 twice more licenses will be issued in China compared to 2022
Back to China.
The agency forecasts that by the end of the year, the Chinese regulators will issue more than 1,100 licenses.
288 licenses already have been issued in the first quarter (261 - for domestic games; 27 - for foreign). This is 56% of the overall amount for 2022.
The volume of licenses will hardly get back to the pre-2018 numbers, but the current state is better than in 2021 and 2022. And Niko Partners is positive that it’s a new normal.