Investment | OzSeeker

Startup gains investment to bring gaming to shopping centres

14th June 202114th June 2021 OzSeeker

Count Brookfield Asset Management among the investors in its new funding round Electric Gamebox thinks it can one-up real-world shopping. The London-based startup, which creates interactive gaming centers for malls, yesterday announced an $11 million Series A2 funding round. Count mall giant Brookfield Asset Management, via its Retail Revitalization program, among the investors. The funding will fuel Electric Gamebox’s expansion in the US and UK, including 100 new locations in the next two years and 1,000+ by 2026; it currently has four. Brookfield plans to level up malls with game rooms…

The Stinger Report: Entertainment’s Shifting Paradigm – Part 1

10th June 202110th June 2021 The Stinger Report

In The Stinger Report # 1073 This issue covers in detail: Report Skinny 1. Chicago PAC-MAN Entertainment venue is rebranded by new owner, GENDAR, as developments are revealed in the selling off of the amusement facility business; while SEGA reveals eSports aspirations for ‘Virtua Fighter’ 2. Serious investment is made into eSports business and the new structure of the post-COVID market starts to solidify, while partnerships, mergers and acquisitions take hold. 3. Looking to unitize IP assets seems to be the order of the day, with classic arcade titles making a reappearance,…

Viking pushes boat out on leisure at £80m New Brighton scheme

8th June 20218th June 2021 Place North West

The developer aims to submit an application for a mixed-use scheme at Marine Promenade this summer It is close to agreeing a deal that will see a leading UK entertainment provider take 80,000 sq ft at the Wallasey project. The attraction will be Gravity Active’s second North West venture. The family entertainment provider signed for 31,000 sq ft at Warrington’s Time Square last summer. In New Brighton, the ground floor leisure space would replace the existing New Palace and Adventureland attractions that are to be demolished in a bid to revitalise the…