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Submitted by snoop_dizzle 2920d ago | news

Toy Safety Recalls are a Holiday Boon for Video Games

According to the recent influx of toy recalls from toys that come from china might give the videogame industry added momentum this holiday season.

Analyst Gerrick Johnson of BMO Capital Markets had this to say:

"There's definitely money leaving [the toy] sector. It's logical to assume that video games might be viewed by some parents as an alternative.

Anita Frazier, an analyst with NPD Group, said that parental concerns over toy recalls are only partially responsible for the holiday video game surge:

"Video games really kick in for the 8- or 9-year-old. The bulk of toy sales is for kids younger than that, so while they do overlap somewhat, they mainly serve different audiences." (Culture, Industry)

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