“Due out this year, the postapocalyptic role-playing game will not be a direct sequel to the critical and commercial hit Fallout 3, which was set in the ruins of Washington DC. Instead, it will be set in Las Vegas, which was apparently spared the nuclear holocaust that preceded the original 1997 Fallout, set in Northern California. That game was a semi-sequel to the 1988 RPG Wasteland, which was partially set in Las Vegas.

Fallout: New Vegas will also see the license return to some of the developers that helped craft the first two Fallout games at Interplay. Using the Fallout 3 engine, it is being developed by RPG specialty studio Obsidian Entertainment, founded in 2003 by Feargus Urquhart and others from Interplay’s now-shuttered Black Isle Studios. Obsidian’s other projects include Star Wars: Knights of the Old Republic II, Neverwinter Nights 2 (and several expansions), the stillborn Aliens RPG, and the upcoming Alpha Protocol.”

http://uk.gamespot.com/news/6249453.html?om_act=convert&om_clk=newstop&tag=newstop;title;2

Really looking forward. Obsidian has done good work.