Square Enix offered to pay as much as $610 million to buy arcade game maker Taito Corp. Square Enix, known for the Final Fantasy series and various other RPG franchises, is seeking ways to increase market share and cut development costs in the $20 billion video games software market. Read more financial gibberish over at Bloomberg.

Microsoft Game Studios announced today that Fable: The Lost Chapters for Windows has gone gold and will materialize in stores on September 20. Role-playing fans yearning for a rich adventure will find much to engage them in Fable: The Lost Chapters which builds upon Fable's gameplay with spectacular new spells, devastating new weapons and stout new armor, all of which will be needed to contend with new monsters and other threats in the treacherous Northern Wastes.

Diabolique: License to Sin is a brand new third person game from Metropolis Team. Unique atmosphere, excellent gameplay, spectacular shaders, Renderware Physics. Tailored suits, expensive cars, dynamic action, and business class graphics. Hell has pretty much to offer.

Dive into an immersive adventure as you experience a living comic-book illustrated with 3D Comic Inking Technology. The game's expanded, free-roaming environments deliver a deep adventure with a variety of challenging missions, diverse game play and an improved combat system that allows players to face off against the largest number of characters from the Spider-Man universe ever assembled in one video game.

The Saga of Ryzom developer Nevrax announced today that, in celebration of Ryzom's first anniversary in September, current players will be awarded a free month of game play.

Namco announced today Payout Poker and Casino, an arcade gambling game for the PS2, Xbox, PSP and the PC. Developed by Bits Gaming Ltd, Payout Poker and Casino allows players to try their luck in four exclusive gambling destinations, with 12 challenging gaming favorites including Texas Hold 'Em, Omaha Hold 'Em, Blackjack, Craps and many more.

Title Bout 2005 is a complete boxing simulation that places over 4000 fighters from John L. Sullivan to Wladimir Klitschko under your control. All aspects of the sport, from knockdowns to knockouts, from cuts to disqualifications, from trial horses to champions, make Title Bout 2005 the most complete and realistic boxing simulation on the market.

EA announced today that NASCAR 06: Total Team Control, will feature NASCAR NEXTEL Cup Series teammates Jeff Gordon and Jimmie Johnson. The two avid "gamers" personify the focus of this year's game -- Team Racing.

Atari today announced that its upcoming groundbreaking action game TimeShift will ship next spring for the Xbox 360. Currently in development by Saber Interactive, TimeShift is an original first-person shooter offering unprecedented time-control elements that allow players to completely manipulate the flow of time throughout the duration of the game.

Namco announced today that Urban Reign has gone gold for the PS2. A hard-hitting street brawler, the game allows players to duke it out against tough street gangs with or against their friends in a wide array of multiplayer modes featuring more than 60 playable characters, including guest fighters from the legendary "TEKKEN series.