Console gaming fell 23% while online gaming rose 22% in May

Online players rose 22 percent in May with 87 million players in the US alone, according to market research conducted by comScore, while game revenues for consoles in the US fell 23 percent.

These figures are compared to May of last year.

According to the research, online gaming is less expensive and has become an alternative to those cutting back during the recession and gaming in this fashion is growing at ten times the rate of the US Internet population.

Yahoo! Games came in at number one with 19.4 million visitors which constituted approximately 22 percent of the online market.

EA came in second with 18 million visitors, Nickelodeon Casual Games was third with 14.8 million visitors, and WildTangent Network was fourth with 13.8 million visitors.

More figures and a lovely chart are through the links.

Via VentureBeat.