Update:

The official press release has been sent out, and we now have confirmation that more info will be shared regarding Borderlands 3 on April 3! Mark your calendars, folks!

Gearbox and 2K today confirmed that Borderlands 3, the next full installment in the original shooter-looter franchise, is in development. They also showed off a gameplay-filled trailer as a love letter to all the dedicated fans who’ve been eagerly anticipating the series’ return. More information about Borderlands 3 will be available starting April 3

Original story:

It finally happened! While we got yesterday’s “Mask of Mayhem” tease, Gearbox Software has confirmed that the next Borderlands is Borderlands 3! Here’s the announcement trailer along with a lot of Borderlands 3 gameplay!

As you can see, there are new characters, a TON of loot raining down, and new enemies to vanquish!

Once we know more info, we’ll be sure to let our readers know.