With the kind of success Rockstar had when they release the game Red Dead Redemption, it would nit make any sense if Rockstar decided not to release a sequel for the game. While Rockstar has not announced anything yet, the fans believe that a sequel for the game in being worked on right now and that we might be seeing the announcement in a few months time.
Fraghero leaked that the Red Dead Redemption 2 is being developed and added that the upcoming game will be called the Red Dead Redemption 2: Legends of the West. That was not the only detail he has either.
He also added that the new sequel will be coming in with a much larger game word this time and there will be a few characters to play in the game.
It is believed that we will be seeing the announcement at the E3 2016 and that the game will be release late 2017.