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GAME administrators blame digital games and Brexit for downfall
UK video game retailer GAME has entered administration for the second time, accumulating nearly £16 million in debt. Administrators cite a shift to digital downloads, Brexit uncertainty, and increased competition as primary factors in the company's decline. The report also notes the lack of major console releases since 2020 and global chip shortages as contributing issues.
UK games retailer Game entered administration owing £16m, thanks to fierce competition, consumer trends, and "uncertainty associated with Brexit"
British video game retailer Game has entered administration, owing £16 million. The company's downfall is attributed to changing consumer behavior, fierce competition, the shift to digital downloads, and uncertainty surrounding Brexit. The report highlights the decline in physical game sales and the impact of global chip shortages on console releases.
