The highly anticipated sequel to "Red Dead Redemption" has finally been confirmed, and amid rumors of a secret cancellation, the title now has an official release date of fall 2017.

Forbes notes that aside from the news of a fall 2017 release, Rockstar Games also revealed that the game will come with an "online multiplayer experience," which is the freshest bit of news for the sequel. Though there have been rumors about the said online multiplayer mode previously, it was never confirmed until now.

This is very good news for fans who have long been waiting for the game. However, it was also declared through the game's official website that "Red Dead Redemption 2" will be playable only on the PlayStation 4 and Xbox One. This leaves PC gamers in limbo.

It is worth noting that the first installment of the franchise also never landed on the PC. However, this does not dismiss the fact that Rockstar may decide to release the game for the PC sometime later after its initial launch on the PS4 and Xbox One.

There have been numerous rumors about the sequel's official title, with some speculating that it may not be named "Red Dead Redemption 2" and the "2" could be replaced with another word. However, the game is still coming as it is, at least based on the Twitter photo posted by the developer. Things could change regarding the title and other things within the game, but for now, fans can rely on the said game title.

The developer also announced that the first official trailer will be out on Thursday, Oct. 20, by 11 a.m. ET and fans should not miss the chance to grab any potential hints or Easter Eggs about the gameplay.

The plot for "Red Dead Redemption 2" has yet to be unveiled so for now, it is best to take any speculations with a grain of salt and check out the first teaser which will be released on Oct. 20.