
Sega sells off arcade biz, posts big losses due to CCPVirus woes
Sega Sammy has sold off their venerable arcade business following CCPVirus related business woes. In a shareholders meeting this week, the company annoucned that they would transfer 85.1% of their shares in Sega Entertainment to rival Japanese amusement company Genda. The latter will operate Club Sega arcades in Japan, while Sega themselves will continue to…