It is only going to get bigger
Red Dead Redemption 2 (RDR2) was released on 26 October. It is the latest game from Rockstar Studios (makers of Grand Theft Auto). First weekend sales for RDR2 are expected to be around $500m, placing the game in the same league as a major movie release.The difference here is the long tail effect of sales, as these major A-list games continue to generate sizeable revenue for years to come. Other game studios include Activision Blizzard and Nintendo. Topping the pile is Tencent, in which Naspers** owns a significant stake. Tencent has some troubles, with Chinese authorities restricting new games due to concerns of the impact on children playing them for hours on end every day. But this will be sorted in time. The growth in gaming, and hence game sales, is due to the kids of the 1980s who started gaming on computers. They are now adults with disposable income and many are still gamers. This industry is only going to get larger, especially with improved technology making for incredible gaming experiences (and yes, I am hooked on RDR2).