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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 Retailer Game Collapses Due to Almost £16 Million in Debt
UK-based video game retailer Game has entered administration, owing approximately £15.8 million to creditors. The company, which once operated 300 stores, has faced significant financial challenges due to shifts towards digital game sales, economic pressures, and a lack of major console releases. This collapse follows Sony's announcement to cease PlayStation disc production in 2028, a move criticized by the Entertainment Retailers Association for harming retailers and consumer choice.
