Technology
Sega Sammy to quit game arcade business in Japan – The Japan Times
Sega Sammy Holdings Inc. said Wednesday it will pull out of game arcade operations in Japan by the end of this year amid the fallout from the coronavirus p
Sega Sammy Holdings Inc. said Wednesday it will pull out of game arcade operations in Japan by the end of this year amid the fallout from the coronavirus pandemic.
The Japanese company will sell an 85.1 percent stake in Sega Entertainment Co., a subsidiary that operates amusement facilities, to Genda Inc., an arcade game rental firm.
Sega Entertainment is the third-largest amusement facility operator in Japan. The sale comes as its game arcades have been struggling due to closures caused by the…
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