Electronic Entertainment Design and Research analyst Jesse Divnich believes Take-Two will show in fiscal 2010 that it has more tricks up its sleeve than just Grand Theft Auto.

Last night’s decision to delay BioShock 2 until the first half of calendar year 2010 means that the game will release alongside Max Payne 3, Red Dead Redemption and Mafia II during the business year beginning November 1.

“The news of BioShock 2 being delayed into fiscal 2010 has drastically changed my view on Take-Two,” said Divnich. “I originally anticipated that Take-Two would outperform the industry in fiscal 2010. Now, I expect them to dominate fiscal 2010.

“BioShock 2, Max Payne 3, Red Dead Redemption, Mafia II, additional Grand Theft Auto downloadable content (DLC), and the possible launch of Agent should make fiscal 2010 the year of Take-Two. Next year, Take-Two will prove to the videogame industry they are more than just a one game publisher (referring to Grand Theft Auto).

“Take-Two has made a very intrepid move by putting gamers before investors, an act most publishers wouldn’t usually consider, and even though investors are likely to punish Take-Two for this delay, we as gamers should reward them for their persistence on improving game quality over meeting financial expectations. As far as I am concerned, Take-Two is just moving numbers from one financial year to another.”

Take-Two chairman Strauss Zelnick previously set a target of five million BioShock 2 sales, noting that the game could help drive profitability in the absence of a “1,000-pound gorilla” Grand Theft Auto release.