Gamescon Cancelled

Gamescon, envisioned as a games for gamers consumer event, has been forced to fold up its tent. The event had been scheduled for San Francisco's Concourse Expo Center in February, but suffered from slow corporate sales and the crushing loss of three major sponsors in a single week. "Someone else will pick up the dream of Gamescon, I have no doubt about that, the opportunity is just too great to be ignored," said Gamescon Chairman Mark Chandler in a statement canceling the event. The expo had reportedly come under pressure from Sony over a rumored unauthorized Playstation 2 game demonstration.