Arcade businesses set for revival, industry insiders say Bailey Schulz, Las Vegas Review-Journal · March 29, 2019 at 2:05 pm Tucked away on the first floor of downtown Las Vegas’ Neonopolis is the Fremont Arcade. The 2,500-square-foot space doesn’t give owner Larry Galbraith much to work with, so almost every inch is covered with claw machines, stuffed prizes and — of course — dozens of arcade games vying for attention with colorful, blinking lights. Galbraith said he played many of the same games as a child, when the market for brick-and-mortar arcades was larger. “It’s a much smaller industry,” he said. “It’s much more consolidated, and it requires a lot more investment.” Many view arcades as a dying industry, especially when compared to their heyday in the 1980s. But industry experts believe the market has a chance to revitalize. Data from market research firm IBISWorld shows the arcade, food and entertainment complexes in the U.S. have an annual growth rate of 3.3 percent and earned $2 billion in revenue last year.