The video game arcade industry is thriving, but not the standalone brick-and-mortar arcades. 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. RPS needs to reinforce the public that the New Way purchase will be a long term benefit to shareholders, after all the cost was very high and dilutive. I think it also showed some uncertainety about the electronic ticketing direction. I am convinced the ticketing is and will be the future of this company, but would be happy to be swayed that the acquisition iis a good one.