It's one of the things that MS repeatedly does that pisses me off. You have an IP, it does OK they don't do anything more with it.
Imagine if Sony didn't let ND do a sequel to Uncharted, which like ReCore had some very good ideas wrapped in a sometime frustrating shell for some of it's elements. They released a sequel and knocked it out the park.
Another one that will always make me sad is MS not moving fast enough to secure a Sunset Overdrive sequel. A game that was reviewed extremely well, but released at the wrong time of the year. A sequel could have expanded on the raft of great ideas in that game alas we may never see it.