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Sega sells a Japanese arcade company

In a recent statement to its investors, SEGA Sammy Holdings confirmed that he sold his Japanese arch activity. A majority of this arcade activity came from the sega entertainment branch of society, as well as a large investment in a gykly entertainment company under the name of Genda. Sega Sammy sold 85.1% from Sega Entertainment to Genda, a Japanese company specializing in game rental while maintaining a 14.9% stake in Sega Entertainment. Sega recently released Yakuza: Like a Dragon, available now for Xbox One, Xbox Series X / S, PS4 and PC.

MADDEN NFL evolution [1988 - 2021] While Sega Sammy Holdings no longer holds a majority in Sega Entertainment, the company retains a participation of 14.9% in the company, which means that SEGA fans should always expect a certain editor standard. Japanese. Genda is currently in the entertainment rental sector, but with this exchange of Sega entertainment actions, Genda seeks to embark on the arcades sector significantly. Sega Sammy cited the negative impact of the Covid-19 pandemic as part of the reason for the selling the arcade branch of his company.

Western fans may not know the Sega arcades, but they are extremely popular and common in Japan. While most of the games of these arcades come from Sega Entertainment, the Sega Entertainment video game division has apparently not affected by this share exchange. In part due to the decline in concentration on Sega Entertainment and the Arcade branch, SEGA Sammy expects losses of approximately $ 191 million for the year. Sega celebrates its 60th anniversary this year, but it seems that Sega Sammy suffers because of the current Covid-19 pandemic.

Are you shocked that Sega leaves the arcades sector? Let us know in the comments below!

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