The rumor mill is a-churning this week with whispers and hints that the biggest video game convention in the universe, E3, may be shutting it’s doors for good. Of course, that’s just the most extreme rumor, with others ranging from them losing a few big name exhibitors to them converting to an online-only venue. Whatever the case may be, it’s probably not the best stuff for video game industry people to wake up to on a Monday morning.

The Entertainment Software Association (ESA), the promoter of the gaming industry’s top trade show E3, will announce a significant downsizing of the popular convention on Monday, several gaming sites including GameSpot reported over the weekend. Among the changes would be far stricter admission policies, and a change of venue.

The show has grown to 60,000 attendees and is one of the largest annual tech conventions. However, the cost for companies to attend and promote their wares at E3 have apparently become too high for some, and several high-profile companies have been rumored to be pulling out of the show.

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