Video Game Piracy

It has been reported that video game piracy in the UK has cost £1 billion per year. That has gone up 20% in the last 5 years. Gaming companies have said that gaming piracy threatens the future of gaming consoles because they are not gaining the money needed to produce the console. A popular form of gaming piracy is the use of an emulator. People can download practically any gaming console as an emulator on the internet, and then download practically any game straight to their computer. Statistics show that 73 percent of global revenue for the video game industry is lost due to piracy. So this leaves us with the question of when will video game companies start going out of business due to piracy?