Gamers Spend Money…and LOTS of it

It’s madness I tell ya the cost of maintaining a good old fashioned geek lifestyle.  I mean who knew that pounds of cheetos and numerous pints of soda would amount to so much.

GameStrata, the leading online community for gamers, today released results from a survey of North American video game enthusiasts showing that over their peak gaming years of 18-48 the average gamer spends more than $30,500 on games and gaming hardware.  Just ask Rick Chapelle.

I'm Rich Beyotch

“With forecasters estimating this year’s sales will reach nearly $23 billion, it’s clear that gaming is the fastest-growing sector in the entertainment industry,” said Barry Dorf, COO of GameStrata. “The best part is that the trend doesn’t show any signs of slowing. In spite of predictions of a sluggish economy, gamers continue to invest their time and money into electronic entertainment.”

A strong correlation between the frequency of digital purchases and Xbox 360 ownership suggests that the Xbox 360 is the preferred console for the consumption of digital content. Additionally, online multiplayer capabilities are more important than ever, with the vast majority of respondents claiming they prefer to spend most of their time gaming with others on Xbox Live and the PlayStation Network (PSN).

“The overwhelming majority of gamers are spending their time online with friends, building their reputation and online personas,” said Dorf. “Video games are becoming so much more than a momentary diversion; gaming is becoming yet another means of community building.”

The move toward the microtransaction revenue model is also a notable trend, with 85% of respondents confirming the purchase of a virtual good in the last month. And with nearly 40% of the respondents confirming that they play 6-10 hours online per week, it’s clear that console manufacturers have more than Cell chips and motion-sensitive controllers to worry about. A simple, easy to navigate online infrastructure is crucial to the success of console development.

Reaching new levels of social interaction may explain the fact that an overwhelming percentage of social gamers purchased online goods. Though most gamers are already likely to purchase virtual goods online, participating in a social network and seeing friends update their games and systems may expedite the process and help gamers make buying decisions faster.

Said Dorf, “The survey results show that social networks need only adapt to the persistent and competitive elements of any genre to penetrate its user base … the viability of future gaming centric social networks is very strong.”

About the Author

DeaconBlade

I sometimes go by the name "The Velvet Voice". I like sunshine, games and large amounts of money.

14 Responses to “Gamers Spend Money…and LOTS of it”

  1. 1
    Rhyme Says:
    Member has registered Member accomplished a triple threat Guest appearance on show Member had enough luck to win Member has played at Unscripted Nights The Puzzler 
    Member has U360 Showcase Member is 200 contributor Went beyond 15,000 Gamerscore

    This is why im now trading in games towards new ones Blockbuster for the win!!!


  2. 2
    BostonPimpDaddy Says:
    Member has registered Member had enough luck to win Has downloaded U360 content on Xbox Live Member has played at Unscripted Nights Community Playdate Participant

    That pic is a riot


  3. 3
    lawlhalla Says:
    Member has registered Member had enough luck to win Member is an international fan Has downloaded U360 content on Xbox Live Member is 200 contributor

    i still have a lot of games i want to sell yea. haha.


  4. 4
    Intangible 360 Says:
    Member has registered Member has played at Unscripted Nights Member is 200 contributor Guest appearance on show Original Gangsta when U360 debuted Member had enough luck to win 
    Member accomplished a triple threat

    This is precisely why I use gameaccess.ca (which is basically the same as gamefly). I feel really bad about not supporting certain games by not buying them but I try and save my money for the several games a year that are most worth my money.


  5. 5
    Carbon Filter Says:
    Member has registered Member has been infected The Puzzler Member is a contributor of news & tips Original Gangsta when U360 debuted Member had enough luck to win

    Dave Chapelle rulez! and boy do we spend too much :(


  6. 6
    GreenLantern4 Says:
    Member has registered Guest appearance on show Member had enough luck to win Member is 200 contributor Member has U360 Showcase Member has played at Unscripted Nights 
    Member accomplished a triple threat The Puzzler Member is a contributor of news & tips Original Gangsta when U360 debuted Went beyond 15,000 Gamerscore

    I love the pic. :)


  7. 7
    Tom Says:

    XBOX 360 preferred as the console of choice? hahaha. Don’t kid yourselves. Come on, PS3 also make up a huge amount of download content. Maybe the 360 was included because of the need to PAY to play online or download stuff, as opposed to the PlayStation Network. But what goes into account for this dollar amount. Games, game cards, software/hardware purchases, fast food (our food of choice), Haircuts, game-inspired tattoos, convention tickets, Halloween materials to try and look like Solid Snake, only to FAIL, gas usage for travel (needed for buying games). haha. They need to release the details of their research, other than that it’s just a number. I easily spent about $1,200 this month. MGS4 PS3 bundle, PS Eye, Nintendo DS for my girlfriend, plus tons of games for it. Service Plans as well. Oh well. I guess I’ll just be another statistic.

    Oh hey, did you guys hear about the Jack-In-The-Box promo starting tomorrow? If you take a gas purchase receipt, they will give you TWO FREE TACOS. yea, TWO FREE TACOS, schweet.

    My friends and I will be road trippin’ from one Jack In The Box to another, with all the receipts we’ve saved up. There’s about 6 JITB in our area. Hahaha then we’re gonna have some fun playing Metal Gear Online (MGO).

    Don’t forget, it’s tomorrow. TWO FREE TACOS DAY!!!

    here’s a link (for proof purposes):
    http://jackinthebox.com/twofreetacosday/index.php?Campaign=MW-TFT-MB

  8. 8
    DeaconBlade Says:

    thx for the taco info Tom ;)


  9. 9
    Goon360 Says:
    Member has registered Member accomplished a triple threat Member had enough luck to win Member is 200 contributor Member has played at Unscripted Nights Guest appearance on show 
    Member is a contributor of news & tips Went beyond 15,000 Gamerscore The Puzzler Community Playdate Participant

    LOL @ Deac.


  10. 10
    Dangerdoll Says:
    Member has registered U360 Mystery Medal Member had enough luck to win Guest appearance on show U360 Gamer Girl Member has played at Unscripted Nights 
    Member accomplished a triple threat Member has been infected The Puzzler Community Playdate Participant

    wow Deac you are so wrong for that PIC!
    Yes we spend for the games and LOVE Em’!!!!
    Gaming & Gamerz FTW
    Muahahahaha


  11. 11
    ShiftTab Says:
    Member has registered Member had enough luck to win Has downloaded U360 content on Xbox Live Went beyond 15,000 Gamerscore Community Playdate Participant

    I’m RICK JAMES biatch!


  12. 12
    Gripman Says:
    Member has registered Member had enough luck to win Member has played at Unscripted Nights Member accomplished a triple threat Original Gangsta when U360 debuted Went beyond 15,000 Gamerscore 
    Community Playdate Participant

    Deacon, thank you for that pic. :)


  13. 13
    Anna Peterson Says:

    With the ever climbing prices it’s hard not to spend a good portion of your cash on games. Say I want 2 new 360 games in one month, that’s already over a hundred dollars.

  14. 14
    DeaconBlade Says:

    lol no prob Grip ;) COG Town.


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