Sound Off #78 - Free Play Fails, Genda's Silent Expansion, AI Snake oil, and more!

LBX Collective

Sponsored by Intercard!

Kevin Williams and Brandon Willey debate why free play arcade models are destined to fail, drawing on Kevin's experience at Sega World London where free play destroyed machine replay value. He provides compelling evidence that arcade machines are fundamentally designed for limited play experiences where skill progression requires additional credits.
• Genda continues aggressive North American expansion with acquisitions of Venue+ (1,100+ locations) and Barbelo (89 facilities)
• Dave & Buster's reports 3.5% decrease in quarterly YOY revenue while attempting to paint a positive picture with their "back to basics" approach
• The competitive socializing space sees continued investment with Spinners securing £4 million to expand their multi-attraction concept
• Builder.AI exposed as a fraud - their supposed AI technology was actually 700 human workers, leading to bankruptcy after $1.5B investment
• Disney and Universal file copyright infringement lawsuit against Midjourney for unauthorized use of their IP in AI-generated images
• VR fitness faces practical challenges including headset durability, hygiene concerns, and questionable advantages over traditional equipment
• Capcom and KDDI develop specialized mixed reality headset for entertainment applications, potentially filling void left by Microsoft's HoloLens
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Chapters

1. The Problem With Free Play Arcades (00:00:00)

2. Genda Expands Through Key Acquisitions (00:07:56)

3. Dave & Buster's Financial Challenges (00:14:40)

4. Investment in Competitive Socializing (00:19:14)

5. AI Fraud: Builder AI Scandal (00:24:49)

6. Disney & Universal Sue Midjourney (00:29:06)

7. VR Fitness: Challenges and Potential (00:37:49)

8. Capcom's New Mixed Reality Headset (00:46:29)