Media analysts Screen Digest's latest research revealed that the market value for MMOGs outside Asia hit $1 billion for the first time in 2006. While subscription services continue to dominate in the West accounting for 87% of the market, new business models like virtual item sales and in-game advertising have also made their mark during the year.

Afterfall is a postapocalyptic computer role-playing game set in Central Europe, destroyed in the course of a nuclear war, introducing you into a story of a search for identity. You are going to become the protagonist of a tale about the rebuilding of the lost order. You are going to create the greatest legend of the wastelands.

Dark Sector is Digital Extreme's new sci-fi/action game. Not many details are available at this point so these new screens will have to speak for themselves.

Dark Crusade features two new playable races, an all-new single player campaign centering on the conquest of a meta-map, with each territory captured giving tangible rewards to the occupying force. THQ has released the v1.20 patch, adding new maps, tweaking the various factions, and fixing bugs and crashes.

DIRT: Colin McRae Off-Road is set to be the most diverse and exhilarating off-road racing experience ever with sensational gravel, mud and dirt events the world over.

Electronic Arts plans to make an equity investment in Korea-based online gaming company, Neowiz Corporation, and expand the existing co-development and publishing relationship with that company.

Genesis Rising: The Universal Crusade is a futuristic 3D game that uses the best elements of RPGs within the context of a fast moving RTS game, set in a mysterious future universe where organic machines are built using genetic engineering. The 550 mb singleplayer demo is coming later today, stay tuned...

Hellgate: London is an RPG set in the immersive first-person perspective. With a completely randomized world that offers a unique experience every time you play, Hellgate: London introduces a demon-ridden place where the last survivors of the human race must meld science and magic to survive.

Capcom announced that Devil May Cry 4, already in development for PS3, is now also in development for Xbox 360 and for PC, each version of the game will be maximized to take advantage of the systems' strengths, leading to a breath-taking visual and gameplay experience.

Another day, another batch of game trailers was released. Instead of giving them all their own posts, we grouped them, and so far there are trailers for:

• Eyeshield 21 [Wii] - Trailer
• World of Chaos - Trailer #5
• Opoona [Wii] - Trailer
• SKATE [PS3/X360] - Mike Carroll Trailer
• Armored Core 4 [PS3/X360] - Launch Trailer
• Mercenaries 2 [PS2/PS3/X360/PC] - Story Design Trailer
• 
  
  We will update this throughout the day when new trailers become available. Read more for download links ...

Eidos will publish Traxxpad, an application which transforms the PSP into a powerful piece of professional music studio equipment.

Supreme Commander features a riveting, action-packed storyline, ground-breaking gameplay and genre-defining online multiplayer battles. levels. THQ has released a new patch for GPG's 3D RTS, adding the new GPGnet World Map featuring Strategic Zoom to let players see and connect to the entire SupCom community across the world.

Full Auto 2: Battlelines puts high-speed vehicles outfitted with weapons and armor into fully realized and fully destructible urban street environments. Shipping tomorrow, here is the last batch of screens ...

The Continuum is an online collectible war game that blends the best elements of strategy gaming, collectible gaming, RPGs and digital goods into a distinctive game universe where players’ actions affect a gripping narrative, and their customized digital characters develop to change the combat landscape.

SEGA's PS2-exclusive RPG Shining Force EXA plunges gamers into stunning interactive worlds of swords and sorcery, filled with anime cut-scenes for which the classic series is best known.

Strategy First and the Swedish developer Frictional Games have signed a worldwide online distribution agreement for its horror/action game Penumbra: Overture.

Eidos' billiards simulation video game Pocket Pool, developed by Hyper Devbox, features advanced AI, real world physics, 13 scintillating pool games including 9 ball, 8 ball Rotation, Black Jack and Snooker.

Topware Interactive announced that UFO: Afterlight will invade the North American retail market. UFO: Afterlight is the next installment in the UFO: Aftermath and UFO: Aftershock series, bringing a completely new insight to the story of Aftershock, this time from the perspective of lonely human inhabitants on Mars.

In Gods and Heroes you become a classic hero of the ancient world, born of immortal blood. As a scion of the gods, you will have the opportunity to pursue his destiny through a series of Epic Quests that will span all levels of gameplay, over time commanding amazing God Powers and acquiring famous weapons and treasure of myth.

NEXON, known for its MMO MapleStory, announces a licensing agreement to use Valve's Source engine, to power a new fantasy based, third-person action title in production for the PC, to be formally announced at a later date.