Video gaming is one of america's favorite pastimes

Video Gaming is One of America's Favorite Pastimes

There are more video game stores in New York City than there are books stores. And there are enough games out there to satisfy the taste of any gamer alive.

Why is it so popular today? Why do people of all ages find themselves so fascinated with the games?

The global market for console games has seen an average of 6.9 percent compound annual growth rate and is expected to become a $34.7 billion market in 2012.

Online game sales are expected to grow at a larger rate of 16.9 percent, escalating from $6.6 billion in 2008 to $14.4 billion by 2012.

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