Curious! I'm an old school Horror adventure fan... meaning I started with DOOM and Alone in the Dark, unless you want to count also the Dark Seed series and the like.
I was not scared by the Resident Evil comic book based action adventure, and Silent Hill's voice acting kind of killed it for me. I blew out a sigh of relief when Eternal Darkness released for the Game Cube, and Call of Cthulhu: Dark Corners of the Earth, released for the XBOX, not to mention the Amnesia series for PC.
I have never heard of this game series though and checked it out last night... I didn't play much, but from what I did, I can see it is effective, and I do see how this story line could work well for a movie, after all the Resident Evil movies were as scary as the games them selves, only less so (Capcom should not have fired George Romero), and Silent Hill... don't make me laugh. Those movies play off like a Sci-Fi channel made for TV thriller.
That being said, yes, I can see this! A young kid starts his new job working night security at a Showbiz Pizza or what ever. His first night on the job, he gets a phone call from his boss telling him that the band comes to life at night, mistakes you as one of them, and try to stuff you into a suit, thus killing you...
...naturally the kid starting the job would think,"he's obviously pulling my leg, trying to freak me out on the first night of my job." Though to his dismay, it's all true, and he was obviously set up...
It could work!