GAMESTOP CEO Paul Raines expects a next-gen console next year with another to follow in 2014.

On top of that EA – one of the largest games companies in the World says we should look forward to the gaming future.

Paul Raines speculates that Microsoft’s Xbox 720 and Sony’s Playstation 4 will not both be coming out in 2013 like previously thought. One will be released in 2013 with the other following in 2014.

Which comes first remains to be seen.

Mr Raines said “This week, I’m getting a lot of rumours that are very interesting about 2013 but we have not been expecting two more consoles in 2013.

“We’re expecting Wii U this Christmas, another console next year, and another one in ’14. These rumours change every week, but we’re hearing more about next year.”

EA Labels president Frank Gibeau has said the number of gamers has raised exponentially. 10 years ago there was an estimated 200 million worldwide. Now the number is estimated at almost 2 billion.

He added that EA has several new IPS in the works ready for launch with the next-gen consoles.

Mr Gibeau said “The time to launch an IP is at the front-end of the hardware cycle, and if you look historically the majority of new IPS are introduced within the first 24 months of each cycle of hardware platforms. Right now, we’re working on three to five new IPs for the next gen.

“When you launch a new IP it needs to do something really, really remarkable, and that’s easier to do when you have a new set of technology that gives you novel capabilities.

“I’ve seen the machines that we’re building games for, and they’re spectacular.”