By Marcus Leach

Game Group cut their revenue forecast and subsequently shares plunged by over a third.

Game said annual like-for-like revenues would now be "no better than" a 7% fall, after previously forecasting a 3% drop at worst.

"Our guidance today reflects the extraordinary economic times in which we are operating," a statement from the firm said.

Game said sales since January were down 8.6% on last year, as the bust Christmas period is set to begin.

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