As Covid-19 takes its toll on the industry, SEGA will sell off most of its arcade business

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Many businesses are facing adverse effects due to Covid-19, including those within the gaming industry, and perhaps doing worst of all are arcades. Sega Sammy--the parent company behind both SEGA's home gaming and arcade sectors--has faced "remarkable" losses during 2020, resulting in the company deciding to sell off a majority of its shares in its arcade entertainment subsidiary. Next month, SEGA will sell 85.1% of its ownership of Sega Entertainment Co. to a Japanese business called Genda. Following the sale, the existing arcade systems throughout Japan will still retain the SEGA branding, and SEGA itself will still develop arcade games, but the ownership of those arcades will belong to Genda.

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Lostbhoy

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That is sad news but i can't help chuckling at how Sega Sammy sounds like a dodgy back street trader!! "hey, wanna buy some arcades?" :unsure:

At least they're still in the game (pun intended!) with development and branding. Would be weird if they changed the jingle from the famous "SE-GA" to "GEN-DA" :lol:
 
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Sonic Angel Knight

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Okay, now start getting the sonic arcade game over here in the states so we can play it since they don't want to put it on consoles... (They totally can, hamster corp says "hi" to that.) no trackball excuses, we have analog sticks.... and infinite emulated quarters. :ninja:
 

SexiestManAlive

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That is sad news but i can't help sniggering at how Sega Sammy sounds like a dodgy back street trader!! "hey, wanna buy some arcades?" :unsure:

At least they're still in the game (pun intended!) with development and branding. Would be weird if they changed the jingle from the famous "SE-GA" to "GEN-DA" :lol:
should probably fix that :rofl:
 
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eyeliner

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Well, I don't think Covid was that much of a factor, as arcades have long lost their appeal years ago. The arcade sunset was already looming, and this just pushed it a couple of years closer. This was bound to happen anyway.
 
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Sonic Angel Knight

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Let's hope Konami decides to sell off their pachinko business.
A world with no pachinko machines? Maybe devs will finally invest more money and time into console games like they should have if they wanted to be part of the industry. :toot:

But what if the games have pachinko games IN THE GAME!? :ninja:
 
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Well, I don't think Covid was that much of a factor, as arcades have long lost their appeal years ago. The arcade sunset was already looming, and this just pushed it a couple of years closer. This was bound to happen anyway.
Arcades are actually still doing really well in Japan compared to the rest of the world. Popular things in Japan tend to take a crazy long time to die off compared to most of the world. It's actually kind of interesting little detail about Japan that at least I've noticed. I mean, Super Sentai is a good example of something that is pretty dead in the rest of the world but still going strong in Japan.
 
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Well, I don't think Covid was that much of a factor, as arcades have long lost their appeal years ago. The arcade sunset was already looming, and this just pushed it a couple of years closer. This was bound to happen anyway.

Arcades were on life support Covid esentially pulled the plug. You can't have people standing next to each other playing arcades with social distancing.

For those that have a decent PC there are a lot of cracked PC games out there with an emulator called Teknoparrot you should check them out. Games like Luigi's Mansion Arcade, Time Crisis 5 (better with a lightgun that I have) lots of racing games, lots of fighting games. Everything.

Check out this list https://teknogods.github.io/compatibility.html
 
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