InfoAnda - Gree, DeNA shares dive on report of possible regulatory action |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

M.I.A. says Grammys could be labor intensive | 7 February 2009
Asia shares up on US figures, Greek debt plans | 17 February 2010
Rolls-Royce profits soar six-fold | 30 July 2009

Real IRA threaten to take campaign to Britain: report | International | | 12 April 2009

Forum Views () Forum Replies ()

Read more with google mobile : Gree, DeNA shares dive on report of possible regulatory action |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Greek conservatives begin hunt for partners after vote 3:41am EDT Russian police battle anti-Putin protesters 06 May 2012 George Lindsey, Goober in "The Andy Griffith Show," dead at 83 06 May 2012 Parents of two drowned Duck Boat riders fight liability cap 06 May 2012 Short party for Hollande after French election win | 3:16am EDT Discussed 150 One in seven thinks end of world is coming: poll 84 As America’s waistline expands, costs soar 74 April hiring seen picking up Watched "The Avengers" breaks a record, Lohan off the hook Sun, May 6 2012 Hungry zoo lion faces off with unfazed toddler Thu, May 3 2012 Beastie Boy Adam Yauch dead at 47 Fri, May 4 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Life in France A look at the people and places that define France's unique culture. Slideshow Strange and unusual A recent sampling of strange and offbeat moments. Slideshow Gree, DeNA shares dive on report of possible regulatory action Tweet Share this Email Print Related News Nikkei hits three-month low after France, Greece polls 2:22am EDT Madison Avenue turns to social game advertising Mon, Apr 30 2012 Related Topics Tech » Hot Stocks » Asian Markets » TOKYO | Mon May 7, 2012 3:49am EDT TOKYO (Reuters) - Shares of social gaming companies Gree Inc and DeNA Co Ltd fell more than 20 percent on Monday after a media report that Japan's Consumer Affairs Agency may clamp down on online games that contain aspects of gambling. The Yomiuri newspaper said on Saturday that the mobile gaming industry is likely to face scrutiny from the government bureau over practices in which users pay extra for a chance to win special items. The practice under the spotlight is referred to as "complete gacha", a system that encourages gamers to spend a few hundred yen at a time for a chance to win virtual "rare" cards. Completing a set of the cards lets gamers win additional prizes. On Monday, shares of Gree fell 23.3 percent and DeNA was down 20.1 percent, both by their daily trading limit, compared to a 2.8 percent fall on the benchmark Nikkei. Rivals Mixi Inc shed 10.3 percent and CyberAgent Inc lost 19.8 percent. As of last Wednesday before the start of Japan's Golden Week holiday, Gree boasted a market cap of $6.2 billion, more than struggling television maker Sharp Corp. Forbes magazine had dubbed Gree CEO Yoshikazu Tanaka as Asia's youngest self-made billionaire in 2010, worth $1.3 billion and one of only three billionaires in the region under 35. Monday's 23 percent fall, however, will wipe out about $406 million of Tanaka's personal worth based on his 49 percent stake in the social gaming site. The Yomiuri report, without citing sources, said the government agency would first contact the companies through industry groups to stop the practice. If they do not comply, the agency would then send a cease and desist order. "We are investigating the 'complete gacha' case and whether it violates the law. And we are currently still reviewing in this direction," said Kazuyuki Katagiri, an official at the consumer bureau. Katagiri said the agency had not yet reached any decisions on what actions it may take. Spokesmen for Gree and DeNA said they had not yet received notice from the government agency. Gree said it would respond if and when it is contacted by the agency, but declined to say how much it makes from the products being reviewed. Yuki Nakayasu, a research analyst at Credit Suisse in Tokyo, estimated that average revenue per paying user of domestic social networking games to total 20,000 yen ($250). "The key point is that we do not know how much of a share the additional charges or 'gacha' contribute to revenue per user, but we do not think it is a small amount," said Nakayasu. ($1 = 79.8800 Japanese yen) (Additional reporting by Tim Kelly; Editing by Matt Driskill) Tech Hot Stocks Asian Markets Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 7 May 2012
Victorious French left reclaims the Bastille |
Socialist Hollande ousts Sarkozy as French leader |
Chinese tropical city highlights national income disparity |
Suspected U.S. drone kills two Yemeni al Qaeda men |
Armenian president's party set to keep power
Short party for Hollande after French election win |
Greek conservatives begin hunt for partners after vote |
Pakistan dragging its feet on Mumbai mastermind: Clinton |
Putin to be sworn in as president of divided Russia |
U.S. secretly released prisoners in Afghanistan: report |
China dissident Chen expects Beijing to allow U.S. trip |
U.S. hostage urges Obama to meet al Qaeda demands |
Clinton says India needs to do more on Iranian oil imports |
LG Electronics to launch Google TV in U.S. in late May: executive |
Payday loan firm Wonga to lend to small businesses |
Analysis: Infosys woes prompt calls for change at top |
Gree, DeNA shares dive on report of possible regulatory action |
Lenovo to launch mobile devices facility in central China |
George Lindsey, Goober in The Andy Griffith Show, dead at 83 |
U.S. wants urgent Iranian steps in nuclear talks |
Israel set for early vote as it ponders Iran challenge |
Karzai says civilian deaths could hinder U.S. pact |
Germany unmoved by anti-austerity votes in Europe |
Israeli court rules against Palestinian hunger strikers |
At least 32 Yemeni troops killed in militant attack |
Syria says many vote in assembly election, opposition denounces show |
Chirpy Angry Birds maker eyes IPO golden egg |
App designed to help parents find missing children |
Taiwan's HTC April sales fall on year, tick up from March |
Disney's The Avengers a winner for Paramount too: source |
Samsung Galaxy S3 smartphone unveiled
Amazon Leaps Into High End of the Fashion Pool
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01