‘E.T. the Extra-Terrestrial’ (market crash)

As previously noted, a game doesn’t have to be terrible to make it on this list. But “E.T. the Extra-Terrestrial” for the Atari 2600 more than qualified for the top spot. The movie tie-in game resembled neither the film nor an actual game when launched. And as expected, upset buyers returned copies to the stores in droves. Worse, Atari made an enormous supply for a shrivelling demand, which led to the infamous video game crash of 1983. Hence, this flop had almost killed the gaming industry.