Palace bets on arcades and bars as film revenue falls

The Palace Amusement Company (1921) Limited plans to lean less heavily on film, building entertainment zones for children and adults as its annual loss widened to $190.2 million and its auditor flagged doubt over its ability to keep trading. Management intends to build out a family entertainment centre with an arcade, a children’s birthday zone, VIP services, and a bar and lounge, and to sell screen time for live sport, motorsport and e-gaming events.