Looks like Dead Island 2 isn't dead in the water yet, and was rebooted. - Pushsquare
Sources with knowledge of the plans surrounding Dead Island 2 have said that the game is likely to be re-revealed later this year. Although an exact reveal date of Dead Island 2 was not provided, the same source had said that the reveal at The Game Awards later this year would “make a lot of sense”.
It’s understood that the next installment will have a big focus on cooperative play, with several play sessions at Dambuster focusing on the feature. In addition, it’s also been suggested that the cast is completely new with 5-6 new characters coming to the game.
Since my original report on my YouTube channel, several new sources have since reached out to back the claims that the game is in a decent state of development. One source, who had played the game said that “it’s probably my most anticipated game after playing it”. Sources had also backed the report that Dead Island 2 takes place across several different locations including Hollywood and San Francisco.
Following this original report, Deep Silver and parent company Embrace Group had said in a financial call that they “at least expect the release… next financial year”. As the comments were made before the end of that fiscal year, it would imply that Dead Island 2 is scheduled to release by March 31st, 2023.