Video games have revolutionized the way we play. Coming of age in the now famous Silicon Valley, random points, smarter terminals, cycle times and lower costs have earned many people millions of dollars. It all started from other games, such as arcade games and board games. From a computer to video game console technology, many companies have thrived in the gaming industry, while others have failed. Magnavox, Atari, Sega, Nintendo, PlayStation and X-box are some of the successes and failures. This is the story of those game consoles that brought bankruptcy and billions in revenue. The first was the Magnavox Odyssey. It was the first home computer with games you could play on your TV. Ralph Baer, ​​German, first suggested home video games to his boss in 1951 (Klooster).” But he was laughed at. “The history of video games begins in 1972 with the birth of the Magnavox Odyssey” (Klooster). It was the first gaming system available for the consumer market. With the high cost of hardware and improving technology, this company's home computer system did not survive past the 1970s. Atari was also a pioneer in the field of gaming. The second was Atari. Nolan Bushnell, founder of Atari, said: “The idea came to me at the University of Utah. People were playing games on multiple video screens. Computer systems were easier to find information for creating video games (YouTube interview 2011).” “Atari is a Japanese word meaning 'game of go'. The first computer game available was Flying Saucer and Rocket Ship (A History of Video Game Consoles-Time)." Nolan's defining moment was when he realized that video games generated enough revenue for everyone to buy cars. He said, "The first 70s era......middle of paper......10/14/2011, interview by Evgeny Z, YouTubeA history of video game consoles-Time, Atari is a Japanese word for "game of go" . The first computer game available was Flying Saucer and Rocket Ship, when it was released it became the best-selling console in the history of video games content.time.com/time/interactive/0/31813,2029221,00.html WebNintendo-. Company Information/History of the company, originally a Japanese playing card, when it was released, it became the best-selling console in the history of video games, https://www.nintendo.com/corp/history.jsp WebHistory of Sega Genesis -L dawn of the 16-bit era, it was the very first 16-bit console, classicgames.about.com/…/console and handheldgames/…/History of Sega WebHistory of Sony PlayStation: kickstarts the disc revolution. classic gamesabout.com/…/consoleand handheldgames/…/Story of Sony PlayStation Web