Word: bettelman
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Dates: during 1980-1989
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...Christopher Kirby, a consumer-electronics analyst for the Sanford C. Bernstein investment firm in New York City predicts that one-fourth of the arcades still open in the U.S. will be forced out of business within a few years. Sales of new machines to the parlors have stalled. Ira Bettelman, vice president of a major arcade-game distributor in Los Angeles, complains of being burdened with inventories of "flops," like Congo Bongo, which he now sells for 40% of its original $2,500 price...
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