Reported about 8 hours ago
The Electric Playhouse, a high-tech virtual arcade on the Las Vegas Strip, has filed for bankruptcy just one year after opening. The arcade's operations are hindered by pending eviction and unpaid debts, with court documents revealing assets between $1 million and $10 million. Despite its innovative gaming experience, the arcade struggled amid a significant drop in tourism in Las Vegas this summer. The bankruptcy filing seeks to expedite payments for current employees.
Source: YAHOO