Ubisoft has just greenlit and entered the early stages of development on a third Rainbow Six: Vegas game, according to a new Insider Gaming report.

The outlet, which seems to have been clued up on internal Ubisoft happenings for years, claims the new entry is one of three projects that have just started production at Ubisoft Montreal, and one of the other two is also set in the Rainbow Six universe.

That's according to sources speaking under anonymity to the website.

While the Rainbow Six name is still used to this day, most notably in Rainbow Six: Siege, the Vegas sub-series stopped in 2008, after the release of Rainbow Six: Vegas 2. This reported third instalment enters development 18 years later.

Sources discussing the matter with Insider Gaming suggest the project is most likely Vegas 3, and not a remake of the previous entries. It's apparently very early in development, though, so don't expect a public reveal for a number of years — that is if it doesn't get cancelled before then.

Would you be interested in a new Rainbow Six: Vegas game? Let us know in the comments below.