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Chuck E. Cheese's Sold To Private Equity Firm; Three Shareholders Sue To Stop Sale
Issue: Vol. 54, No. 2, February 2014
CEC Entertainment, the corporate owner of the famous pizza-arcade chain, is being gobbled up by a private equity firm for $1.3 billion. New York City-based Apollo Global Management is paying $54 a share in cash for the company. But not all shareholders approve, and some are suing to stop the sale...
Author: Nick Montano

Stern Pinball Takes Wraps Off Mustang At Chicago Auto Show, Feb. 6
Issue: Vol. 54, No. 2, February 2014
At the show's media preview, six brand-new Stern "pro-level" Mustang pinball machines will be on display, along with the new Ford Mustang. Top-ranked competitive pinball player Zach Sharpe will demonstrate the game, establishing benchmark scores and challenging journalists to beat them...
Author: Tim Sanford

BARometer Handbook: On-Premise Beverage Alcohol Consumption Slows; Sales Still Predicted To Increase
Issue: Vol. 54, No. 2, February 2014
--press release
Author: BIG Press Release

Expert Predicts Death Of Traditional Mall; Can Amusements And Coin-Op Adapt To New Retail Concepts?
Issue: Vol. 54, No. 2, February 2014
Real estate expert Rick J. Caruso predicts the demise of shopping malls as we know them within just a few years -- unless the retail industry makes some fundamental and significant changes.


Author: Hank Schlesinger

Photobooth Volume Swings Up In Record Photo-Me First Half
Issue: Vol. 54, No. 2, February 2014
Photo-Me's vending operations comprise mostly photobooths, along with digital printing kiosks, photobook makers, amusement machines (kiddie rides in the UK) and business service equipment, as well as its new laundry machines...
Author: Emily Jed

America's Incredible Pizza Pacts BMI For Upgrade To FEC In Missouri

Issue: Vol. 54, No. 2, February 2014
Author: Tim Sanford

New Direct-To-Location Jukebox Program Sparks Alarm Among Operators
Issue: Vol. 54, No. 2, February 2014
Direct location sales have been hot topics for the jukebox industry in recent years. At least two operators have lost locations after their accounts purchased used TouchTunes boxes from a Michigan-based reseller...
Author: Nick Montano

Coast To Coast Rolls Out New Candy Street Prize-Every-Time Crane
Issue: Vol. 54, No. 2, February 2014
The new crane machine stands 70" high and has a footprint 24" wide by 32" deep. It is supplied with a modern-style backlit topper and extended top cutout sign, and features a candy scoop claw...
Author: Tim Sanford

UltraCade Founder Gets 2 Years In Prison; David Foley Conspired To Commit Mail, Wire And Bank Fraud
Issue: Vol. 54, No. 2, February 2014
UltraCade Technologies' founder was sentenced to two years in federal prison for secretly making and selling arcade videogame software for his own profit after selling the rights to those games to Global VR...
Author: Nick Montano

Next Week's California Spotlight Show Will Host Over Two Dozen Exhibitors; Booth Space Is Still Available
Issue: Vol. 54, No. 2, February 2014
Author: Nick Montano

Golden Tee LIVE 2014 Free Equipment Weekend: The 'Bottomless Bag' Promotion Runs Jan. 24-27
Issue: Vol. 54, No. 2, February 2014
--press release
Author: IT Press Release

AMOA Beefs Up State Support With Rebate Program And START Resources
Issue: Vol. 54, No. 2, February 2014
The Amusement and Music Operators Association is bolstering its outreach initiatives aimed at state coin machine associations. The programs will be introduced formally at the AMOA Council of Affiliated States Meeting in early February in Tampa, FL...
Author: Hank Schlesinger

Investor Brings Funds To Jersey Jack Pinball Inc.; Could It Become A $20M Company?
Issue: Vol. 54, No. 2, February 2014
Jersey Jack Pinball Inc. said it has entered into an equity partnership with an investment firm identified only as JDA. The up-and-coming pinball machine manufacturer said the partnership will provide means to fund multiple game platforms, allow it to expand into related technologies and markets, and attract "deeper management" resources...
Author: Nick Montano

Proposal Would Ease Worries For Florida's Amusement Game Operators
Issue: Vol. 54, No. 2, February 2014
State Sen. Kelli Stargel's new proposal addresses unintentional harm on amusements by last year's anti-sweeps law, and addresses restrictions on games that have been on Florida's books for a long time but have generally not been enforced...
Author: Nick Montano

Stern Pinball To Sponsor IFPA State Championship Series
Issue: Vol. 54, No. 2, February 2014
The pinball machine maker will be a premier sponsor of the International Flipper Pinball Association's upcoming state championship series. The first-ever IFPA state series is expected to draw 440 finalists representing 28 different IFPA championships all taking place on Saturday, Feb. 8, in different locations across the country...
Author: Nick Montano

CEC Entertainment Inc. Adopts Shareholder Rights Plan
Issue: Vol. 54, No. 2, February 2014
--press release
Author: CEC Press Release

CEC Entertainment Inc. Agrees To Be Acquired By An Affiliate Of Apollo Global Management For $54 Per Share In Cash
Issue: Vol. 54, No. 2, February 2014
Apollo affiliate enters into a definitive merger agreement to acquire Chuck E. Cheese's parent company for approximately $1.3 billion, including the assumption of CEC's outstanding debt --press release
Author: CEC Press Release

AMOA Appoints Burghart And Kaczmarek To Admin Posts
Issue: Vol. 54, No. 1, January 2014
Author: Nick Montano

Amid Controversy, BMI's Duck Dynasty Merchandise Earns For Operators
Issue: Vol. 54, No. 1, January 2014
Forget about the politics -- it's all business for amusements. The daily onslaught of news concerning "Duck Dynasty" has created huge opportunities for amusement operators and locations, according to Dave Schwartz, a vice-president at BMI Merchandise...
Author: Nick Montano

Apple Industries' Smile 2.0 Update Adds Remote-Control Camera Functions To Face Place Photobooths
Issue: Vol. 54, No. 1, January 2014
Operators who run Face Place photobooths can now remotely control some features of camera deployment, from contrast, color saturation and brightness to precise lens aiming (pan and zoom)...
Author: Nick Montano

CES: Intel's New 3D Camera Technology Said To Have Videogame Potential
Issue: Vol. 54, No. 1, January 2014
Intel Corp. caused a stir at this week's Consumer Electronics Show after unveiling RealSense, billed as the world's first integrated 3D depth and 2D camera module. The device is said to have wide-ranging applications and potential for the home market, including videogames...
Author: Hank Schlesinger

CES: Oculus Rift Is Poised To Bring Virtual Reality To Home Videogaming
Issue: Vol. 54, No. 1, January 2014
Oculus Rift Created two years ago by 19-year-old student Palmer Luckey working with scraps obtained from arcade VR systems and spare parts in his parents' garage, the project is now funded by venture capital. Pundits are predicting Oculus Rift will have a significant impact on the home gaming market...
Author: Hank Schlesinger

Megatouch Terminates Development And Production; Led Countertop And Touchscreen Coin-Op Video Category For 35 Years
Issue: Vol. 54, No. 1, January 2014
In an announcement this week, the factory said, "Specifically, Megatouch Live, the ML-1 terminal and ION software updates are all being discontinued. Existing quantities of hardware and software will be sold until inventories are depleted..."
Author: Nick Montano

Redemption Plus Inaugurates Rtown Academy, Free Webinars; Three Wise Men Lead Off Jan. 15
Issue: Vol. 54, No. 1, January 2014
New educational initiative begins with webinar panelists Rick Iceberg, Ben Jones and George Smith -- The Three Wise Men Discuss Hot Topics in FEC Operations. George McAuliffe will moderate...
Author: Nick Montano

Stern Pinball Showcases Full Line of Games at International Consumer Electronics Show
Issue: Vol. 54, No. 1, January 2014
--press release
Author: Stern Press Release

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