Chuck E. Cheese, America̵7;s sixth best remaining video game market and 60,000th best pizzeria, is not doing well. Between declining cultural relevance and the COVID-19 pandemic, it is no surprise that the company declared bankruptcy in June. But what to do with billions of unused tickets, never to be spit out of a Skee-Ball machine? The answer is obviously “shred them all.”
Representatives of Chuck E. Cheese have asked a bankruptcy court for permission to destroy no less than seven billion tickets, the kind that can be redeemed for everything from a fake mustache to a PlayStation on the restaurant’s price counter. According to CNN Business, the large volume of unused tickets can fill 65 shipping containers.
The company wants to buy the printed tickets and destroy them at a cost of 2.3 million dollars. The idea is that this would save them the cost of having to redeem the tickets in exchange for prices, which could be $ 9 million. Chuck E. Cheese tried to move his symbol and prize system digitally before the pandemic struck.
It’s a teasing thought for the inner ten-year-old. Somewhere, probably locked behind steel-proof doors and laser tripiers, there is a dragon’s crowd of billions and billions of paper tickets, enough to buy a mansion made of plush baseballs and unmarked frisbees. If you could put together a crew, plan a lift, and find enough baby-sized rappel belts, you could score points for life.
Source: CNN Business