With the COVID-19 pandemic having a massive impact on any business that allows for the gathering of people, Sega's arcade and amusement facilities businesses have been hit especially hard.
This has led to Sega Sammy, the company that owns Sega, announcing that it will sell the majority of its shares in its Sega Entertainment division to Japanese amusement rental business Genda Inc. after business in its arcades "declined remarkably" and resulted in "a significant loss" as reported by Famitsu.
The deal will see 85.1% of Sega's arcade and amusement center business in Japan sold, with the remaining 14.9% of the shares being kept by Sega Sammy. This won't affect the Sega video game division, but it will see some of the arcade development staff move over to the console business side of Sega.
Continue Reading at GameSpot
Walang komento: