- ARAB NEWS
- 19 Apr 2024
Since 1975
Diana Farah Dubai
Japanese multinational video game developer SEGA is selling off its arcade division after 60 long years as a household gaming name.
The company has over 193 arcades in Japan, but due to the spread of the coronavirus pandemic has experienced a loss of 20 percent.
85.1 percent of SEGA Sammy will be sold off to another entertainment company in Tokyo, Genda.
The deal is set to take place at the end of December and Genda said it will be maintaining all of SEGA’s branding.
However, under their new management, Genda will decide what will happen with all 193 locations.
