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(Twitter)   Chuck E. Cheese asks bankruptcy court to allow them to destroy 7 billion paper Prize Tickets due to the pandemic. Hell, that ought to be worth at least two whistles, a plastic spider ring and a Laffy Taffy   (twitter.com) divider line
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508 clicks; posted to Business » on 16 Sep 2020 at 8:16 AM (7 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



21 Comments     (+0 »)
 
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2020-09-15 10:50:56 PM  
Original Tweet:

 
2020-09-16 8:22:50 AM  
Bonfire, anyone?
 
2020-09-16 8:25:48 AM  
Give them to The KLF, they know how to dispose of currency of the realm.
 
2020-09-16 8:49:44 AM  
splatter the tickets with fake blood and sell them as some Five Nights at Freddy merch for halloween
 
2020-09-16 8:56:16 AM  
They got rid of the animatronics and nerfed the game payouts here.  They did put in a tiny interactive dance floor thing, though it's kinda lame.
 
2020-09-16 9:05:17 AM  

TheGreatGazoo: They got rid of the animatronics and nerfed the game payouts here.  They did put in a tiny interactive dance floor thing, though it's kinda lame.


Excuse me, sir, we're going to have to ask you to leave...no adults are allowed on the dance floor.
 
2020-09-16 9:17:24 AM  
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2020-09-16 9:19:01 AM  

Original: Original Tweet:

BLaw: Chuck E. Cheese asked a bankruptcy court to allow them to destroy 7 billion paper Prize Tickets that have built up in the company's supply chain as a result of the pandemic. https://t.co/aLW3rfNWh4


That's a liability of what, 6 dollars in knickknacks?
 
2020-09-16 9:32:24 AM  

Fano: Original: Original Tweet:
BLaw: Chuck E. Cheese asked a bankruptcy court to allow them to destroy 7 billion paper Prize Tickets that have built up in the company's supply chain as a result of the pandemic. https://t.co/aLW3rfNWh4

That's a liability of what, 6 dollars in knickknacks?


At a penny a ticket, roughly $70 million.  The prices are probably 3x what they should be, so a bit over $20 million.
 
2020-09-16 9:56:24 AM  
I don't need them. I have this on my PC.

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2020-09-16 9:59:38 AM  
Huluween Film Fest: The Hug • Now Streaming on Hulu
Youtube I0GljlAjqgI
 
2020-09-16 10:00:59 AM  
And the only flavor of Laffy taffy they have is banana :(
 
2020-09-16 10:34:47 AM  
7 Billion tickets? Redeemable for a pack of gum and a plastic comb.
 
2020-09-16 11:09:11 AM  
well played subby.    I have not been to a Chuck E cheese in decades but i have been in similarly set up businesses and they are often prize redemption wise a worse rip off than the carnies at the county fair.
 
2020-09-16 11:24:39 AM  

grimlock1972: well played subby.    I have not been to a Chuck E cheese in decades but i have been in similarly set up businesses and they are often prize redemption wise a worse rip off than the carnies at the county fair.


Last one I was at had a Coach Purse for 30,000 tickets.

I was there with my kids and spent $50 on a game card.  We didn't play all ticket-producing games, but we did make about 500 tickets (mind you, it was all virtual tickets stored on a game card)

The purse had an MSRP price tag showing $275.  By my math it would have taken us $3000 in arcade play to win the purse.

/As fun as the games are, I think I'll just buy the purse at the store...
//I think the goal was to just have it sit there forever, since I imagine the venn diagram of people who spend lots of time in an arcade trying to win a major prize, and people who are interested in owning a coach purse (and spending much more than the retail value of the purse to do so) is 2 separate circles.
 
2020-09-16 11:43:15 AM  
It will cost $2.28 million to destroy the tickets...

WTF?  I know how to destroy paper tickets.  I'll do it for $2 million.
 
2020-09-16 11:48:51 AM  

lennavan: It will cost $2.28 million to destroy the tickets...

WTF?  I know how to destroy paper tickets.  I'll do it for $2 million.


Give me $500 to buy sone diesel fuel and an hour of unsupervised time in the parking lot, and I'll fix the issue
 
2020-09-16 11:57:05 AM  
Just figuring out how much space that takes up...
A stack is 2,000 tickets.
A box has 10 stacks.
A case has 5 boxes, so 100,000 tickets in a case and 70,000 cases total.
A case is roughly 12"L x 12"W x 42"H.
In a single layer it would take up about 70,000 square feet, or one large Dave & Buster's building.
Stack them 2 high and you get one medium D&B.
Spend them all and you get a small plastic gum ball machine with stale gumballs and a fuzzy troll pencil topper.
 
2020-09-16 1:07:32 PM  

lennavan: It will cost $2.28 million to destroy the tickets...

WTF?  I know how to destroy paper tickets.  I'll do it for $2 million.


hell give me my choice of three prizes and a can of gas and a big empty lot and i'll do it.
 
6 days ago  
I remember waiting in line behind a kid who was feeding 7 billion tickets into the counting machine.
 
6 days ago  
Please, oh please let Dave and Busters be next. I enjoy a good plastic fire.
 
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