The awards were arranged by the Academy of Interactive Arts & Sciences (AIAS), and were held at the Red Rock Casino, Resort & Spa in Las Vegas, Nevada on February 8, 2008 (2008-02-08).
Call of Duty 4: Modern Warfare was named the winner for "Overall Game of the Year", and was tied with BioShock and The Orange Box[a] for winning the most awards.
Sony Computer Entertainment published the most nominees and tied with Electronic Arts for having the most nominated games.
Michael Morhaime, co-founder of Blizzard Entertainment, was inducted into the Academy of Interactive Arts & Sciences Hall of Fame.
Ken Kutaragi, founder of Sony Computer Entertainment and the "Father of the PlayStation", received the "Lifetime Achievement Award".