It’s been stifling six months for video games seller, Game Group. Since November 2009, shares in the corporation have dropped over 50%, and this morning, they were again under duress, losing out 7% after the firm issued a temporary management statement for the time period covering 1 February to 12 June.

For the 19 week time frame, Game Group posted an 11.4% fall in overall group sales, whilst like for like sales dipped around 12.3%. The steepest slips in profits originated from the UK and Ireland, where overall sales dropped a huge 18.5% and like for like sales plummeted 17.2%.

Business in other places were much better, with total worldwide sales mounting 1.2% and like for like sales declining by 4.6%.

Online sales persisted to march forward, growing 13.5%, but are still nowhere close to huge enough to counterbalance the profits lost from Game Group’s trade chain.

The hardware and software gaming vendor charged its miseries on a steep plunge in hardware revenues, mainly because of lesser Nintendo sales.

The drop in hardware earnings was not compensated by new software titles, together with Red Dead Redemption and Battlefield: Bad Company 2, which the Company said that it had ‘sold well’.