SIC 7993 - Coin-operated Amusement Devices
Establishments primarily engaged in operating coin-operated amusement devices, either in their own or in other places of business. Such amusement devices include juke boxes, pinball machines, mechanical games, slot machines, and similar types of amusement equipment. Amusement (including video game) arcades and parlors are also included in this industry.
Industry trends:
The coin-operated amusement devices industry, classified under NAICS 7993, is witnessing a resurgence driven by nostalgia and technological advancements. Retro gaming has gained popularity, attracting both older generations who grew up with these games and younger audiences intrigued by vintage trends. This has led to a rise in the installation of arcade machines in non-traditional venues like bars, restaurants, and retail spaces, transforming them into entertainment hubs.
Technological integration is another significant trend. Modern coin-operated machines are incorporating augmented reality (AR) and virtual reality (VR) elements to enhance user experience. Companies are also focusing on developing machines that offer cashless payment options through mobile apps and contactless cards, catering to the growing demand for seamless transactions.
Looking ahead, the market is expected to expand as operators invest in diverse offerings and immersive technologies. The integration of loyalty programs and social media connectivity will likely become more prevalent, enhancing customer engagement and retention. Additionally, as experiential entertainment continues to thrive, the coin-operated amusement devices industry is set to benefit from increased foot traffic in locations that blend dining, shopping, and leisure activities.
Overall, the industry is poised for growth, driven by a mixture of nostalgia, innovation, and the growing trend of creating multi-experience venues. Businesses that adapt to these trends and invest in technology will be better positioned to capture market share in the coming years.
This industry is comprised of:
Amusement device parlors, coin-operated
Amusement machines, coin-operated: operation of
Arcades, amusement
Gambling establishments primarily operating coin-operated machines
Gambling machines, coin-operated: operation of
Juke boxes, operation of
Mechanical games, coin-operated: operation of
Music distribution systems, coin-operated
Pinball machines, operation of
Slot machines, operation of
Video game arcades
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.