Via
It’s never a good day when we have to report about arcade locations closing – we always prefer times like last week where we reported on several new places opening around the US. But the reality of business is that venues open and close all the time and when times are tough, large chains generally aren’t exempt from the conditions either.
According to a press release issued today by Sega Gameworks, they are restructuring the company and as a result they will be closing locations in the following areas:
“Long Beach, CA; Columbus, OH; Detroit, MI; Minneapolis, MN; Indianapolis, IN; Tampa, FL; and Miami, FL. The company has introduced potential new tenants to mall ownership, in hopes that some locations may be reopened in the future.
I like to emphasize that last part to point out that there is hope for some of these locations, so hopefully something good comes of it. From what I have seen Gameworks locations generally have an excellent roster of games so as long as new ownership can maintain that, and perhaps improve upon any faults, the locations can become more profitable. Their eight other locations will remain open, if you’d like to know what those are, check out the press release after the break.
UPDATE: Looks like they didn’t plan on how to handle pre-paid items such as game cards and parties in advance.
UPDATE #2: The location in Tampa, FL has already been picked up by a new owner, and they are taking the location into a more family-friendly direction (i.e. more redemption)
UPDATE#3: I am aware that Reuters posted an article today (Apr. 28th) where they made it sound like they entire operation is in liquidation. We are checking into this to find out if that is really the case or if it was just a poorly worded story that is actually talking about the news we initially posted about here.
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