Namco, Sega Closing Arcades In Japan
by February 7, 2008 @ 9:53 am
The combination of sky-high oil prices and rising sales of Nintendo’s Wii in Japan is taking a toll on arcade owners. Namco Bandai have announced that roughly one-fifth of its arcades are closing up shop, while Sega plans to axe 100 of their arcades.
Namco Bandai spokesperson Yuji Machida believes that since many Japanese children received a Wii over the holidays, they are now spending most of their money towards additional peripherals or software for the console.
Nintendo’s Wii claims more victims; Japan arcades hurt [Reuters]
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