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Mafia 3 releasing by April 2016 at the earliest

Mafia III will be released no earlier than April 2016, Take-Two announced during its latest earnings call overnight.

While the hotly anticipated sequel was originally given a 2016 launch window, Take-Two said that the game is scheduled to appear in fiscal year 2017. In other words, it will appear any where between April 1 – December 31, 2016.

Set in the year 1968, Mafia III takes place in New Orleans and sees Lincoln Clay, a Vietnam War veteran, as he seeks revenge against Italian mobsters. Developed by Hangar 13, a new U.S. studio under the 2K umbrella, Mafia III promises to tell a "captivating story set in the treacherous and calculated world of organized crime."

Mafia III was officially announced during Gamescom 2015. Check out the first trailer here. Take-Two previously distanced itself from comparisons between the upcoming mobster-themed sequel and Grand Theft Auto V.