Last week’s E3 conference was a celebratory look at the growth that’s expected to come in the gaming industry’s near future. This week, though, it’s back to the present — and its harsh realities.

Retail sales of video game hardware and software were down 25 percent in May, according to The NPD Group. Total software sales — combining console, portable games and PC titles sold at retail — were down 44 percent compared to last year to $187.6 million.

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