Good Times Roll at E3 Videogame Trade Show

Few first-time participants at the Electronic Entertainment Expo (E3) in Los Angeles this week would have realized that the $66 billion videogames industry is in steep decline.

Microsoft Corp, Sony Corp, Electronic Arts and other industry giants whipped up the crowd of gamers and developers at the event into a frenzy, with displays of high-powered new consoles and previews of popular genre games.

For an industry accustomed to dwindling revenue in recent years, the pervasive visual …

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