After SEGA Throws in the Towel: Japan’s Arcade Slump Continues as 8,000 Vanish in a Decade
Japanese arcades, once a global gaming giant, are facing a slow fade. Over the past ten years, nearly 8,000 game centers have vanished, with bankruptcies hitting a five-year high in 2023. This decline isn’t new – arcades have been losing ground since the 80s (remember 26,000+ back then?). The culprit? A double whammy: