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Post by John Titor on Nov 7, 2020 2:56:17 GMT 10
Sega has sold off its arcade business due to coronavirus. In a press release, parent company Sega Sammy Holdings Inc said it has sold the vast majority (85.1 per cent) of Sega Entertainment, its Japanese amusement business, to amusement machine company Genda. Sega put the sale down to Covid-19, which has devastated its arcade business. Sega expects to record "extraordinary losses" from the transition. www.eurogamer.net/articles/2020-11-05-sega-sells-off-its-arcade-business-due-to-coronavirusShades of 2001 lol
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Post by slashpop on Nov 7, 2020 3:07:25 GMT 10
Sega has sold off its arcade business due to coronavirus. In a press release, parent company Sega Sammy Holdings Inc said it has sold the vast majority (85.1 per cent) of Sega Entertainment, its Japanese amusement business, to amusement machine company Genda. Sega put the sale down to Covid-19, which has devastated its arcade business. Sega expects to record "extraordinary losses" from the transition. www.eurogamer.net/articles/2020-11-05-sega-sells-off-its-arcade-business-due-to-coronavirusShades of 2001 lol NOOOOOO
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Post by Deleted on Nov 7, 2020 3:42:16 GMT 10
Arcades were declining in Japan for a while in favour of gambling machines/slots (pachinko). Really sad.
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Post by John Titor on Nov 7, 2020 4:04:23 GMT 10
Arcades were declining in Japan for a while in favour of gambling machines/slots (pachinko). Really sad. sadly, Sega takes another L
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Post by Deleted on Nov 8, 2020 5:58:21 GMT 10
Soon there won't be anything left of SEGA. And yeah, also sad to see the death of Japanese arcades, they were incredible at one time. Also pachinko just sucks.
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