1.Choose games that let kids play each other at the same time.
2.Set game time to a fixed amount like 30mins in a session.
3.Let them play as a reward for finishing homework.
4.Challenge them to a game once a week.
5.Always check the game ratings when renting or buying video games.
Classification Operations Board
Interactive Entertainment Association of Australia (IEAA)
Games Parents
 
Game Safety
The questions below are among the most common in relation to child safety and video games:

Will my child be exposed to inappropriate / offensive material?
Many of the concerns above that parents might have for their children can be dispelled quickly. Like any entertainment medium such as movies or television, there is a variety of content. Video games are no different to movies and TV. All games are classified by the Classification Operations Board in Australia and New Zealand and it is important for parents to follow the guidelines when buying games.

Are video games more addictive than other toys?
Contrary to popular belief, children on average spend more time watching television or even reading than playing computer games. Video games are played more enthusiastically when they are new, but like any new toy, this enthusiasm wears off over time.
Source: OECD Games Paper

Are there health risks when playing video games?
This is the same as with computers and TV. A very small percentage of people can experience a photosensitive seizure when exposed to certain visual images such as flashing lights or patterns. Although very rare, it is advisable to follow the safety tips shown here. Playing video games has been proven to increase reaction times, spatial awareness and concentration skills. Used sensibly, video games can be beneficial for many users - follow the healthy gaming guide for the Xbox console here.

What dangers are there for my child when playing online (multi-player) video games?
If you have a broadband internet connection, you could be able to play games online with other players and chat using voice headsets. There is an interesting article about child safety here called 'Online game safety: Basic safety tips'. As the article mentions there are a number of issues regarding safety with children and online gaming; your child is potentially able to talk to anyone when playing which poses various issues. These issues involved can be dealt with using an Xbox console. This is the only approved Wired Safety online video game console for using voice chat when playing online. There are some further safe online gaming tips here.