It's a week of new products and flashy presentations at the annual video game convention, Electronic Entertainment Expo also known as E3.
Some of the big news comes from Microsoft as they announced the latest details of its Xbox One set for release in November.
Sony finally unveiled the PlayStation 4 with a price tag 100 dollars lower than its Xbox competitor.
Martin Rae, the president of Academy of Interactive Arts & Sciences, says even though the gaming industry has been in a bit of a dry spell, all of the new technology will spur growth.
SOUNDBITE: Martin Rae, the president of Academy of Interactive Arts & Sciences, saying (English):
"What I love about Microsoft and Sony right now is that the hardware is going to allow us to do some things that we've never done before and it's going to be really cool. So if you've been sitting on a console platform for 6-7 years and you've done your games and you really love them, what can I do with a new console. It's