VR platform Rec Room to shut down in June 2026
Key Points:
- Rec Room, a social VR gaming platform, will shut down on June 1, 2026, due to its inability to achieve sustainable profitability despite its success.
- The developer, Rec Room Inc., cited overwhelming costs, a challenging VR market shift, and broader gaming industry difficulties as reasons for the closure.
- From June 1, players will lose access to the platform, including login, gameplay, the website, and Rec Room Studio services, with restrictions on account creation and token use starting May 1.
- Last August, about half of Rec Room Inc.'s team was laid off, reflecting the financial struggles leading to the shutdown decision.
- Company leaders acknowledged responsibility for the platform's failure to meet business and player needs, expressing regret and viewing the closure as an opportunity to reset and correct their course.