Dave and Buster's Entertainment Inc (PLAY)

[eastunder]

An article about possibly having to file BK if they can't get their lenders to work with them.

https://www.foxbusiness.com/markets/dave-and-busters-eye-bankruptcy

The company reached a short-term debt-relief deal with its lenders until Nov. 1, according to the WSJ report, but if that isn’t extended the chain is warning that it may need to file for bankruptcy.

The parent company of Chuck E. Cheese, a similar entertainment venture that’s marketed to children rather than the above-21 crowd, has already filed for bankruptcy due to pressures on the industry related to the coronavirus, according to the report. So has Apex Parks Group LLC, an amusement-park company.

With many of D&B’s locations shuttered for months because of COVID-19 shutdowns and health precautions, the company said it had reopened 89 of its 137 stores as of Sept. 9. They were operating under reduced hours and capacity limitations tailored to the local rules governing each facility.