And enough to make $ 9 million in Chuck E. Cheese awards.
But quickly enough, these tickets could be ruined without ever getting into the eager, pizza-colored hands of eatery young customers.
Even before the pandemic, the chain switched to eTickets, reducing waiting times in the chain 61
With the Covid-19 pandemic, the shift was accelerated to provide more contactless service. But the rapid shift left its suppliers stuck with a mountain of 7 billion printed tickets that Chuck E. Cheese no longer wants or needs.
Under the Bankruptcy Act, a company must apply for court permission to spend money on something. Chuck E. Cheese’s lawyers argue that it is better to pay to destroy already produced tickets than to risk them falling into the hands of the public.
In its submission, the company said that the $ 2.3 million it proposes to spend on the tickets is “a price far lower than the price of [company] should these prize tickets be circulated to the public and presented … for redemption. “
Bankruptcy Court Marvin Isgur has not yet ruled on the decision. But he has scheduled a virtual hearing for next week to consider it along with other more pedestrian issues.