Bricks-and-mortar retailer GameStop is making bank. Profits are up 111 percent, and that's a lot! Why the jump? CEO R. Richard Fontaine explains:

Our first quarter results were driven by the strong growth of next-generation hardware despite both Nintendo products, the Wii and DS Lite, being in short supply throughout the quarter... Not only was this unprecedented, but there is every indication that the Wii and DS Lite titles are attracting a new audience of gamers, while the allure of genre breakthrough titles like Guitar Hero II are expanding the audience for videogame product.

See, thanks to casual gamers, everybody wins! Well, not everybody. Brian Ashcraft

GameStop Sales/Profits Up [Games Industry]

Contact information for this author is not available.