Sega Sammy is quitting game arcade business in Japan

Sega Sammy is quitting game arcade business in Japan 97

Sega Sammy Holdings Inc announced that it will pull out of game arcade operations in Japan by the end of 2020.

The Covid-19 pandemic has hit hard on the arcade industry. The sale comes as the third-largest arcade facility operator in Japan has been struggling due to closures caused by the pandemic.

Ads: Running a business? Create a company page to get more leads today.

Sega Sammy is quitting game arcade business in Japan 98

Following the closure of its of Akihabara giant SEGA arcade, the company will sell 85.1% stake in Sega Entertainment Co., a subsidiary that operates arcade facilities.

Sega Sammy is quitting game arcade business in Japan 99

A game rental firm, Genda Inc., will take over the company on 31 Dec 2020 for an undisclosed amount and take over 200 arcades across the country.

Wilfred Tan
Former journalist cum editor. I lead the content creation process at News Asia Today. From the awesome country of Malaysia.