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Money News

E3 2018: Takeaways From the Gaming’s ‘Battle Royale’

June 12, 2018

R.I.P. your wallets, gamers.

2 min read

The 2018 Electronic Entertainment Expo, or E3, is underway in Los Angeles. Now in its 24th year, E3 is the gaming industry’s Super Bowl–an opportunity for the sector’s hardware and software developers to show off new games, consoles, and other projects.

Every year, E3 provides a peek at the future of an explosive industry, and what the next chapters of its short but storied history hold in store.

E3 2018 biggest announcements

Gamers look forward to E3 because it’s typically when the major gaming studios and industry players show trailers or teasers for the newest games and hardware that are slated to be released over the coming year.

For example, at this year’s expo, we saw announcements for future installments to some of the biggest and most beloved gaming franchises:

And there are many, many more.

Aside from established franchises, some developers use E3 has a chance to resurrect dead titles. Bethesda Games did just that at E3 2014 when it announced a new Doom game (released in 2016), and this year, we got word of its sequel: Doom Eternal.

In addition to all of that, we also got word that Microsoft is hard at work on the next iteration of the Xbox.

“The same team that delivered unprecedented performance with Xbox One X is deep into architecting the next Xbox consoles,” Phil Spencer, Executive President of Gaming at Microsoft said during the company’s press conference.

What does it mean for the gaming industry?

Gaming has already captivated billions around the world, with the industry already having worked its way into 66% of American households, and driving revenues expected to top $230 billion in the next five years, according to industry data.

With new titles and entries for some best-selling series like “Halo”, “Assassin’s Creed”, and “The Elder Scrolls” in the wings, the excitement surrounding the video game industry isn’t likely to wane after this year’s E3.

You can invest in the video game industry right now on Stash.

By Sam Becker

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