Video game spending hit record for August, boosted by consoles

Game sales continue to rise, especially for console gamers, even as countries begin to reopen their economy. — AFP

Consumer spending on video game hardware, content and accessories hit a record high for the month of August, assuaging concerns that the pandemic boost in gaming would wane with economic re-openings.

Total spending rose 7% last month compared with a year ago to US$4.4bil (RM18.31bil), according to data from NPD Group released Tuesday. So far this year, spending has increased 13% to US$37.9bil (RM157.68bil) compared with the same period a year earlier.