GameStop expects to issue customers $250M in trade-in credit this holiday season

The holidays are a time for loved ones, good food, and maxed out credit cards — and GameStop wants to help you accomplish at least one of those.

The gaming retailer announced today that it expects to exchange $250 million either in store credit or cash to people who trade in their games. GameStop points out that many people will sell their old games to help them make purchases for the gift-giving holidays. Of course, you can also trade in old phones and tablets at GameStop. Console game spending reached $93 billion last year, and the fourth quarter is the biggest contributor to that. Getting shoppers into the store to sell their old games and electronics will help the retailer maximize its chances of capturing a large chunk of that revenue.