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Arcade & Amusement Industry News

Welcome to the Latest Industry News section where you'll find all the latest information on the amusement industry. The latest news stories are listed below, however to refine your search, please use the search engine on the left.

Red Gaming - News Stories
SEGA Loss Biggest in Japan

SEGA Loss Biggest in Japan

7 Dec, 2000
In a dismal trading year, SEGA have announced a 28.2 billion yen (approximately US$254 million) loss in the last financial year.
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Approach of Xbox causes Sega to review European business.

Approach of Xbox causes Sega to review European business.

7 Dec, 2000
With the impending release of Microsoft's Xbox console, Sega has made plans to re-evaluate it's business plans with Bartle Bogle Hegarty.
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Don't Fight,....Dance!

Don't Fight,....Dance!

7 Dec, 2000
With shooting and fighting games increasingly coming into the spotlight by legislators, Bar Code in New York is proving non-violent machines can be a worthwhile investment.
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From Video Games to Cinemas.

From Video Games to Cinemas.

8 Dec, 2000
Today sees the release of the $36m "Dungeons and Dragons" in USA cinemas as Hollywood begins to cash in on the popularity of video games.
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Sega.com purchase FamilyWonder.com

Sega.com purchase FamilyWonder.com

8 Dec, 2000
Sega.com announced this week the acquisition of the FamilyWonder Inc, a family entertainment media company, and the appointment of Jonathan Kaplan to president and CEO of Sega.com.
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Acclaim Down but Not Out

Acclaim Down but Not Out

9 Dec, 2000
Acclaim entertainment the US software company that introduced Batman Forever, NBA Extreme and Judge Dredd into coin op are having a very tough time, share have sunk to 50 cents from a high this year of US 6 with their recent US130 million loss for the year.
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Closures in Hong Kong & Australia

Closures in Hong Kong & Australia

9 Dec, 2000
In the past two months, high profile companies in Hong Kong and Australia have either scaled down or closed their doors.
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Namco Mid-Term Results Poor

Namco Mid-Term Results Poor

12 Dec, 2000
Namco's financial results for the mid-term ending September 30, 2000 showed a loss of JPY3,500 million, with much lower expected Crisis Zone sales in USA due to a backlash against violent games and no "hit" game for this year in Japan.
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High Stakes with XBox in Europe

High Stakes with XBox in Europe

12 Dec, 2000
As the battle continues to the highly lucrative European distribution of the XBox, playing video games will be seen with a new meaning.
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Sega & Namco Join Forces in Japan

Sega & Namco Join Forces in Japan

12 Dec, 2000
Both Sega and Namco are joining forces by combining their game, parts and service distribution.
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