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Pinball machines were invented in the 1930s, leading to the development of electromechanical games in the 1960s, which paved the way for arcade video games in the early 1970s.
By 1993, arcade games in the United States were generating an annual revenue of $7,000,000,000 (equivalent to $14,800,000,000 in 2023), larger than both the home video game market ($6 billion) as well as the film box office market ($5 billion). [53] Worldwide arcade video game revenue also maintained its lead over consoles. [1]
The first home video game console was the Magnavox Odyssey, and the first arcade video games were Computer Space and Pong. After its home console conversions, numerous companies sprang up to capture Pong ' s success in both the arcade and the home by cloning the game, causing a series of boom and bust cycles due to oversaturation and lack of ...
All arcade video games are coin-operated or accept other means of payment, housed in an arcade cabinet, and located in amusement arcades alongside other kinds of arcade games. Until the early 2000s, arcade video games were the largest [1] and most technologically advanced [2] [3] segment of the video game industry. Early prototypical entries ...
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Atari, Inc. was an American video game developer and video game console and home computer development company which operated between 1972 and 1984. During its years of operation, it developed and produced over 350 arcade, console, and computer games for its own systems, and almost 100 ports of games for home computers such as the Commodore 64.
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