As Recession Deepens, Pawn Shops Take in More Game Systems

February 23, 2009 -

Like everyone else, gamers are suffering during the current hard times. Some, in fact, have been forced to pawn their consoles to meet basic needs.

The Chicago Tribune reports that the recession is keeping pawn shops supplied with game consoles and TVs on which to play them:

Ace Pawn Shop manager Chris Banul said business is up and he's seeing more high-end items brought to the Bloomington shop for collateral, or sold outright, as the economy has worsened.

"We're seeing a lot of expensive video game systems, PlayStation 3s and X-Box and others, and a lot of LCDs (flat-screen televisions)," Banul said...

Tom Haggerty, co-owner with wife Cindy of TomCat's Pawn in Bloomington, said their store has been getting lots of flat screen TVs and game systems. He said those items are selling fast...

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Comments

Re: As Recession Deepens, Pawn Shops Take in More Game ...

Submitted by Kamil on Tue, 07/28/2009 - 04:36.

It is surely of no surprise that not only banks are targeted by phishing attacks, but nearly anything that can be scammed. We already commented on the rise in attacks targeting virtual worlds and especially massively multiplayer online role-playing GAME (MMORPGs) in earlier posts. The growing market for virtual currency and player accounts does attract new scammers. It’s the nature of things that if something becomes popular to use, it will also become popular to attack.

Re: As Recession Deepens, Pawn Shops Take in More Game ...

Submitted by Kamil on Tue, 07/28/2009 - 03:15.

The term 'recession' is a much dreaded term these days because everything bad that is happening to the economy is because of the recessionary economics that the world finds itself. We have all read about the collapse of the Lehman Bros and Freddie & Mac and merchant banks too have not been able to escape the effects. As a result electronic merchant systems have taken a beating.

Re: As Recession Deepens, Pawn Shops Take in More Game Systems

Submitted by CamillaS on Thu, 04/02/2009 - 23:32.

Many people are force to pawn their valuable things due to the financial hardship and it’s not a big surprise if the number of the people doing this is increasing. For many, this is the only way to ease their burdens. Nevertheless, you can avoid this if you just know how to handle your personal finances appropriately. You might not have ever heard of him, but you'd probably want Bryon Trott as an adviser for your finances. One of his clients is Warren Buffet, the investment wunderkind who has managed to turn a profit for 20 years in a row on the stock market. Apparently the cash advances he was getting from his current holdings weren't enough, as he is leaving his position at Goldman Sachs, to begin his own merchant banking fund, focusing on business investments. Sounds like Bryon Trott would be quite the man in your corner. Read more at http://personalmoneystore.com/moneyblog/2009/03/30/byron-trott-start-mer...

Re: As Recession Deepens, Pawn Shops Take in More Game ...

Submitted by ScorpSt on Tue, 02/24/2009 - 02:25.

Holy Crap, news about my town! I got to get down to the pawn shops to see if there's anything good there.

______________
Ben "Scorp" Stanton

Re: As Recession Deepens, Pawn Shops Take in More Game Systems

Submitted by SpiralGray on Mon, 02/23/2009 - 12:43.

I don't understand why someone would pawn something like that when they could probably get much more money for it by selling it on craigslist.

Re: As Recession Deepens, Pawn Shops Take in More Game ...

Submitted by David on Mon, 02/23/2009 - 17:27.

Immediate cash. Craigslist involves some waiting, while a pawn shop lets you buy food right now.

Re: As Recession Deepens, Pawn Shops Take in More Game Systems

Submitted by Paulrus on Mon, 02/23/2009 - 12:02.

I tried to pawn some of my duplicate Antari cartrages, but no one takes them. Now i'm stuck with 4 copies of Space Invaders.

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I'm an attention whore. So visit my DevaintArt and feed my ego. Feed the whore. http://keaton2008.deviantart.com/

Re: As Recession Deepens, Pawn Shops Take in More Game Systems

Submitted by DavCube on Mon, 02/23/2009 - 09:29.

I might sell my NES, but i don't know about anything else right now. I don't even have a PS3 yet. I WILL get one, if only for the up-and-coming necessity for a blu-ray player.

Re: As Recession Deepens, Pawn Shops Take in More Game ...

Submitted by Overcast on Mon, 02/23/2009 - 09:16.

Hopefully not too long, I'll be in the market for a PS3 soon, since the Garbage Xbox 360 ran into a hardware failure not covered by their 'extended warranty'.

Nice games, but that console is such a piece of junk.

Re: As Recession Deepens, Pawn Shops Take in More Game Systems

Submitted by hellfire7885 on Mon, 02/23/2009 - 08:18.

I wonder how long before they become over run with PS3s.

Re: As Recession Deepens, Pawn Shops Take in More Game Systems

Submitted by E. Zachary Knight on Mon, 02/23/2009 - 07:56.

So does this make them "PWN Shops"?

E. Zachary Knight
Oklahoma City Chapter of the ECA
http://www.theeca.com/chapters_oklahoma

E. Zachary Knight
Divine Knight Gaming
OK Game Devs
Random Tower

Re: As Recession Deepens, Pawn Shops Take in More Game Systems

Submitted by Paulrus on Mon, 02/23/2009 - 12:01.

Sounds like a plan.

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I'm an attention whore. So visit my DevaintArt and feed my ego. Feed the whore. http://keaton2008.deviantart.com/

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Neo_DrKefka: Breaking GameJournoPros organized a blacklist of former Destructoid writer Allistar Pinsof for investigating fraud in IndieGoGo campaign http://blogjob.com/oneangrygamer/2014/10/gamergate-destructoid-corruption-and-ruined-careers/10/19/2014 - 8:57pm

Neo_DrKefka: Only good thing I seen come out of the Biddle incident was the fact a professional fighter offered to give 10k to an anti bullying charity for a round in the ring with Biddle.10/19/2014 - 7:49pm

Neo_DrKefka: Even after all the interviews she is still on twitter making fun of people with disabilities (Autism) yet she is a part of the crowd that is on the so called right side of history...10/19/2014 - 7:48pm

Neo_DrKefka: Which #GameGate supports are constantly being harassed and bullied. Brianna Wu who I told everyone she was trolling GamerGate weeks ago with her passive aggressive threats was looking for that crazy person in the crowd.10/19/2014 - 7:47pm

Neo_DrKefka: I believe the problem #GamerGate has with Sam Biddle is he is apart of this blogging group that in a way hates or detests its readers. Also being apart of the crowd that claims its on the right side of history isn't helping when he is advocating bullying10/19/2014 - 7:45pm

MechaTama31: Of course, I'm looking at these tweets in isolation, I don't know a thing about the guy.10/19/2014 - 7:06pm

MechaTama31: If anything, the sarcastic implication seems to be that the SJW crowd is bringing back the bullying of nerds. But it's the GGers who are out for his blood? I'm lost...10/19/2014 - 7:01pm

MechaTama31: I don't really get this Sam Biddle thing. The reaction to his tweets seems to be taking them at face value, but... they're tongue in cheek. Right?10/19/2014 - 7:00pm

Andrew Eisen: I have it. The problem, so far as I can tell, is neither of them allow me to overlay my webcam feed or text links to my Extra-Life fundraising page.10/19/2014 - 4:08pm

quiknkold: and yes, its free10/19/2014 - 4:05pm

quiknkold: should grab Hauppauge capture. has mic support and can upload directly to youtube10/19/2014 - 4:05pm

Andrew Eisen: The former.10/19/2014 - 4:00pm

quiknkold: was it StreamEez, or the StreamEez feature in Hauppauge Capture? cause I know Capture has alot more support from the devs.10/19/2014 - 3:54pm

Andrew Eisen: I actually tried StreamEez last week. Flat out didn't work.10/19/2014 - 3:53pm

quiknkold: I use the Hauppauge Capture software's StreamEez. Arcsoft showbiz for recording. I just streamed a few hours of Persona 4 Golden with zero problem using the program. Xsplit is finniky when it comes to Hauppauge10/19/2014 - 3:40pm

Andrew Eisen: Trying to capture console games and broadcast with Open Broadcaster System because I've had technical difficulties using XSplit 3 weeks in a row.10/19/2014 - 3:37pm

quiknkold: and what are you trying to capture?10/19/2014 - 3:31pm

quiknkold: same one I have. ok. what program are you using?10/19/2014 - 3:31pm

Andrew Eisen: Haupaugge HD PVR 210/19/2014 - 3:28pm

quiknkold: What Capture Card are you using, Andrew10/19/2014 - 3:26pm

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