On November 29, 1972 Atari announced its very first arcade game Pong. Pong is considered the video games industrry very first hit arcade game. Pong was then released onto the Magnavox Odyssey, and then making it again making it the very first hit arcade to home system game.
Pong wasn’t the very first video game, by any means (that honor arguably goes to 1947’s “Cathode Ray Tube Amusement Device”), but it was absolutely the first commercially successful one and remains of one the industry’s most iconic titles. Released on November 29th, 1972, it turns The Big Four-Oh today.
Either way, Bushnell soon began beating the bushes for financing, eventually convincing a local Wells Fargo bank to take a chance. Atari formally announced the game on Nov. 29, effectively kicking off the video game industry.