post from Kapwan13 on SRK:
"AI HAS BEEN SAVED.
At least according to Arcade Infinity facebook page. I hope this is true. Here is the message that was posted by Eddie Lehecka Login | Facebook
AI is being saved by the owners of Diamond Plaza. After seeing all of the public outcry over the closing, and how active this particular event page has been since the announcement, they've worked out a deal with AI to significantly help their operating costs and keep the arcade open for an unspecified period of time. While currently the arrangements that the landlords have made with the city of Rowland Heights regarding AI's business license will only cover them for 6 more months, they're working out arrangements to extend it up to a period of 3 years. We'll know the outcome of this sometime in March when the approval is made or denied.
Either way, thanks to the landlords we get to keep AI for at the very least a few months longer. After speaking with Ken, the first action they're gonna be taking with this turn of events is to put some money into getting 4 Super Street Fighter 4 AE setups running, beatmania IIDX 18 RESORT ANTHEM (possibly in a new cabinet), DDR X2, pop'n music 18 SENGOKU RETSUDEN, and a few other titles that he's has his eye on for a little while.
Also just to clarify a bit on the closing of the arcade, while a good portion of it had to do with earnings (or lack thereof) the nail in the coffin was actually delivered by the city of Rowland Heights. AI's business license was to expire in December, and the costs that they originally wanted the Tao brothers to pay to keep things open was just completely unreasonable for how much money the arcade was pulling in. The landlords have since worked with the City to make their license renewal a possibility, and have secured them an extension.
With all of this being the case, we still want to encourage everyone to make their way out to the arcade this Saturday. Instead of a last chance to play at one of the best arcades the US has ever seen, let's celebrate their 10 years of continued business and contribution to the arcade industry in North America!"
let's hope this is true.