By Arsheeya Bajwa (Reuters) -Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness in its established soccer franchise, sparking concerns over a slowdown in the key sports division and sending shares tumbling nearly 11%.

Slower sales of the sports title account for majority of the miss. Electronic Arts Inc. said bookings fell to about $2.22 billion in the third quarter ended Dec. 31, missing forecasts of $2.4 billion to $2.55 billion due to the weak performance of two holiday video games.

EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.