User blog comment:Nerdyanimegirl225/The 3 picks/@comment-24066070-20140514105733/@comment-24066070-20140514155928

It will likely continue due to the reasons you've mentioned. However, there may be some factors which delay the next GMG.

First of all, a new MC would have to be established. Even if the MC is not directly related to the GMG, a functioning MC would be needed for the overall stability and peace throughout Fiore. Besides, an event of such magnitude may be prone to attacks or infiltrations of Dark Guilds.

It is only normal that the establishment of a new MC has priority over organizing an entertainment event.

Secondly, there is a fair chance that Zeref (with or without "help" from Tartarus or Acnologia) would rampage within the next months(?). This may result in a widespread conflict which could potentially cost the lives of some of Fiore's top mages.

I don't think a GMG would be organized when most of the kingdom is in ruins or some state of turmoil. Due to the potential death of some of the top mages, the event itself would lose some or even most of its appeal.

Third, the royal family themselves didn't have their memories wiped as far as I know. They may still decide to drop the GMG due to the "unforeseen events" that occurred during the latest edition, as these events simply endangered the lives of the citizens. They would never outright state that they no longer have a need to gather magical power, so they will just say that they are out of budget or something.

On a personal note, I would not want to see another GMG happening, since it will likely occur after the final battle with Zeref. The series should end after Zeref's defeat and not be prolonged for the sake of a GMG where everyone is using their latest powers that were only obtained in order to beat Zeref for plot reasons.