Nintendo Tells Us Bayonetta 3 Exists, Gives a Dev Update, & to "Stay Tuned"

Bayonetta 3 was announced at The Game Awards 2017. So what's exactly going on 4 years later?
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Source:
https://mynintendonews.com/2021/06/18/bill-trinen-reiterates-that-bayonetta-3-development-is-progressing-well/
https://kotaku.com/bayonetta-3-director-seems-annoyed-by-speculation-1847108870
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