Receivers PriceWaterhouseCoopers have confirmed that all 31 retail GAME stores in Australia will be closing down over the next few weeks.
"In the interests of creditors, the 31 remaining Game stores are to be closed over the coming weeks and a final closing down sale has commenced with discounts of up to 60 per cent available in-store and online," administrator Kate Warwick said in a statement to GameSpot.
Sixteen of the stores have closed already, with the remaining fifteen to close soon.
"This is a difficult time for employees, and closing the stores was not a decision we made easily. Despite exploring available opportunities for continued trading, the ongoing trading performance and absence of viable offers for the purchase of the business has resulted in these closures."