Gearbox CEO, Randy Pitchford has announced that Borderlands 2 is in development during the Gearbox Community Day. An attendee at the event raised a question to the Gearbox panel, and Randy Pitchford himself got a bit carried away when speaking about Borderlands, and may have just let slip Borderlands 2, which now begins fuelling speculation about a Borderlands 2 announcement later on in the year, or at the start of next year.

Source Picture: ProJared (Screwattack) Twitter
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