Gaming industry feels squeeze after pandemic boom

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US video game giant Activision Blizzard has reported declining sales in the first half of this year with gamers spending less time in its powerhouse Call of Duty franchise. – EPA pic, August 14, 2022.

IN the height of the pandemic, video games offered people solace in isolation. But now that life is slowly returning to pre-crisis normal, and inflation is soaring, gaming companies are feeling the pinch.

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Makers of consoles, accessories and software for gaming are experiencing the same kind of post-pandemic effect as tech titans who saw business boom while Covid-19 fears kept people close to home.

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