Though Jagex was being cagey about its fiscal future, we finally have official confirmation that Fukong has OSRS gold indeed sold Jagex into US Platinum Fortune for the price of $530 million USD.The news comes via Reddit consumer Jin001, who had been kind enough to interpret the various Chinese financial statements. They affirm that the sale but also state that US Platinum isn’t what it seems. It’s, in actuality, a shell corporation registered in Delaware – a state known as a tax haven as a result of its lax taxation laws and unenforced corporate laws. Additionally, it is owned by a lawyer residing in the US.
Remarks on Reddit say that this is a clear move to avoid paying UK taxes and save a little cash. Nevertheless, shares with Fukong allegedly fell 15 percent after news broke of the transparent push to prevent paying taxes.Taxes are a big thing from the British games industry recently. After it was revealed that a few of the biggest names in gambling were dodging taxes by opening shell businesses national headlines were created. Rockstar Games and Activision Blizzard are two of the greatest names which use this tactic to avoid paying millions.
Fukong doing the identical issue is unexpected, but it’s notable for a company that seems to be in some financial problem. One wonders if RuneScape will be around for much longer.
RuneScape Player Drops On Microtransactions, Proves Concerns Over Pay-To-Play Plans Are Valid
Disappointment over microtransactions in online fantasy RPG RuneScape has come to a head after a report from the UK House of Commons about high levels of spending video games. According to the report, a British RuneScape participant built up debt surpassing ￡50,000 ($62,000 USD). Curious about RuneScape’s pay-to-play clinics began in 2012 when RuneScape introduced a chance game called Squeal Of Fortune that gave rewards, such as buy RuneScape gold armor, in-game currency, or experience points. Players had more chances if they played with real cash to win.
