Video games are big business! More than 1.2 billion people play them, and global video game revenue is $101.62 billion per year. The first home video game console was released by Magnavox in 1972, well before a phone app was ever imagined. For more than four decades, games have been released and met with varying degrees of fanfare and criticism. Here’s a look at some of the bestsellers and biggest flops of console-based games.