I never had any expectation of there being a Baldur's Gate III, considering how definitively the last game ended, unless what you meant is a Baldur's Gate-like game.
Obsidian's canceled 'The Black Hound' game.
But yes, I too consider ToB to be a definitive and conclusive ending and was speaking of a BG-like game (and why I've questioned this game being titled BG3; would've been so much better, and likely have been less divisive within the fanbase, as a completely new IP).
