GAME Australia enters administration

Just as the UK arm has managed to claw it’s way back from the retail depths, GAME Australia has fallen into administration.

The retail giant has suffered in recent years due to the growing online market and a reluctance to alter their pricing strategy. However, it’s not until recently that any of the non-UK branches have looked to be in jeopardy. It will be interesting now to see whether an investor will similarly save the Aussie stores from hitting the wall.

In the UK, GAME briefly stopped stocking certain games from the likes of EA and Nintendo when they first entered administration, but ultimately, the consumer wasn’t really harmed. That’s not the case in Australia though.

According to Kotaku, as well as not selling Diablo III, GAME will not be refunding any pre-orders. Meaning many fans have stumped up the cash in advance, but will not be receiving the game. Astonishingly, this seems to be completely legal.

We’ll be sure to keep you posted on any significant movements in this situation; it’s sure to get worse before it gets better, and will likely be a long drawn-out saga just like GAME UK.

Written by Raj Mahil

Game collector. Journalism graduate. Batman addict. Movie goer. WWE nut. Sports obsessive. Arsenal fan. Squawka.com Sub-Editor.

Twitter Digg Delicious Stumbleupon Technorati Facebook