Sega Selling Arcade Business Due to Coronavirus

[Tsing]

Image: AmetDj



Arcade games have put up a surprisingly good fight against game consoles and smartphones in Japan, but something that they’re struggling to cope with is a virus that’s keeping businesses closed.



The Japan Times has learned that Sega is selling all of its arcade centers to a game rental firm called Genda for an undisclosed sum due to the coronavirus pandemic, which has crippled their foot traffic and earnings. There are around 200 locations involved in the deal.



“The Japanese company will sell an 85.1% stake in Sega Entertainment Co., a subsidiary that operates amusement facilities, to Genda Inc., an arcade game rental firm,” the publication reported.



“Sega Entertainment is the third-largest amusement...

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[Grimlakin]

Holy **** there were 200 arcades in Japan ran by Sega Alone?!

I miss Arcades...

But I want to miss the pandemic more.

 

[Burticus]

When I was a kid in the low 80's, in SoCal there were Sega branded arcades here and there. I was about to be shocked they still existed, but of course this is for Japan and arcades are still a big deal there.

 

[DrezKill]

I'm getting real ****ing sick of this gawd-**** virus.

 

[Grimlakin]

I'm getting real ****ing sick of this gawd-**** virus.

I've been sick from this effing virus already. Thankfully I got better. I've also seen a ill advised gathering of 12 people weeks ago turn into 8 infections.

So yea... I'm real effing sick of this effing virus.

Just watched an episode of Shark Tank with people loosing everything on what would otherwise be pure profit and one MF that is part Carrion Feeder selling a rubber exercise wheel making MILLIONS. It's just so freaking dumb how the world is reacting to all of this.

Sorry wrong thread I know.