Used game sales set to rocket
Analyst predicts fresh competitors in the USA
Speaking to Gamaustra this week, analyst Colin Sebastian of Lazard Capital has said that more retailers are expected to start selling used video games imminently.
"According to our industry checks, one large consumer electronics retail chain is rekindling efforts to sell used video games, while another general merchandise 'big box' store is in trials to buy back games in exchange for store credit," the business man revealed.
Apparently, the used games market is worth 2 billion USD annually in the United States, with stores like GameStop earning big bucks from the trade.
Despite the rise of competition in the US used software market, Sebastian tells us he doesn't expect GameStop to lose the top spot anytime soon.
