Arcades!
Genda is a rapidly expanding operator of arcades that started in Japan but has been on an acquisition and expansion spree in North America in anticipation that U.S. markets will be potentially massive for the Japanese-style arcades. Genda’s North American business is looking for 72.5 billion yen (US$490 million) in annual revenue by 2030, and has made four acquisitions in the past year that have added 160 amusement arcades and 13,000 game corners to its portfolio. Its latest news is consolidating 14 American subsidiaries into three, and the Dallas-based claw machine operator Kiddleton will soon become Genda Americas.
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