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Sega Sammy Sells Japanese Arcade Business Due to COVID-19 – IGN – IGN

Sega Sammy will sell off its Japanese arcade business marking the end of an era for the Japanese gaming company.

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Sega has announced a share transfer of its arcade business to Japanese company Genda, which will see Sega sell off its historic Japanese arcade business.Sega Sammy, the parent company that owns Sega and other affiliated businesses, announced that it has agreed to sell 85.1% of its shares in Sega Entertainment, the groups arcade and amusement center business in Japan. The deal does not impact its video game divisions at all.Sega Sammy announced that its arcade business has been severely impacted…

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