diff --git a/requirements.txt b/requirements.txt
index 0071461..d5b17e2 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -2,7 +2,7 @@ six>=1.10.0
 cryptography>=1.3
 requests>=2.9.1
 vdf>=2.0
-gevent>=1.1.0
+gevent>=1.2.0
 protobuf>=3.0.0
 gevent-eventemitter>=2.0
 enum34==1.1.2; python_version < '3.4'
diff --git a/setup.py b/setup.py
index 1856b2b..386ad9b 100644
--- a/setup.py
+++ b/setup.py
@@ -19,7 +19,7 @@ install_requires = [
     'cryptography>=1.3',
     'requests>=2.9.1',
     'vdf>=2.0',
-    'gevent>=1.1.0',
+    'gevent>=1.2.0',
     'protobuf>=3.0.0',
     'gevent-eventemitter>=2.0',
 ]
diff --git a/steam/__init__.py b/steam/__init__.py
index e921599..551b497 100644
--- a/steam/__init__.py
+++ b/steam/__init__.py
@@ -1,7 +1,7 @@
-__version__ = "0.8.15"
+__version__ = "0.8.16"
 __author__ = "Rossen Georgiev"
 
-version_info = (0, 8, 15)
+version_info = (0, 8, 16)
 
 from steam.steamid import SteamID
 from steam.globalid import GlobalID