Tag Archives: cash

Korea’s government is backing the nation’s games industry with a 350 billion won ($200 million) investment until 2012, aiming to expand the country’s game exports to 5 trillion won ($3.39 billion) per year.

According to a report in Korean news publication Digital Chosunilbo, Culture, Sports and Tourism Minster Yu In-chon revealed the plans in a recent meeting, citing the potential for the games industry to drive future growth.

More on Gamasutra.

A man grown (sort of) rich chipping consoles and flogging PSP memory cards has been collared by trading standards, who found £12,000 in cash stuffed in an Xbox and three PS2s.

“I’ve heard it all now,” said Michael Rawlinson, managing director of ELSPA. “It never ceases to amaze ELSPA and its investigators the lengths criminals go to make money – and always to the detriment of honest, hard working businesses. I congratulate Tower Hamlets Trading Standards on bringing to an end this illegal business operation.”

That’s one example of pesky pirate scum that won’t be stuffing his Xbox full of money again. Great job, Tower Hamlets Trading Standards.