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Coin-Op Arcade Demise Predicted |
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Nick Greeley, Friday, 05 October 2007
RetroBlast! Contributor James Hills gave us a heads up today about an article over at Entrepreneur.com titled 10 Businesses Facing Extinction in 10 Years .
On that list, the Coin-Op Arcade comes in as number 10. From the article: "Ten years ago, there were 10,000 arcades in the nation, and now the number is close to 3,000, according to the American Amusement Machine Association. Revenue from arcade game units brought in $866 million last year, which sounds good until you consider that in 1994, the industry was pocketing $2.3 billion..." So what does that mean to you and me, besides the fact that we're not going to see a lot of arcades in malls anymore? It means that game room you're contemplating building in the basement or garage or spare room just became all the more important to the preservation of classic arcade gaming.
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