“I actually think the economic crisis that the world moved into in 2008 was a blessing for the game industry," said John Riccitiello during his speech at the Design Innovate Communicate Entertain (DICE) summit this weekend.

"First of all, a lot of the riffraff is going to go out of business… it’s hard to compete with junk especially when they’re giving it away for free," said Riccitiello.

The "blessing" of the recession should slim down the video game industry according to the EA representative. "We did get fat in way too many places," said Riccitiello, "it seemed like anybody who could draw a guy with a gun with a crayon got funded…"

He also allegedly said that he sees the recession as an opportunity for the gaming industry to emerge even stronger, as companies will have to tune into the modern gamer in order to survive. Riccitiello finished by quoting Barak Obama's Chief of staff, "to quote Rahm Emmanuel, never waste a crisis."

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