The retro game market has exploded in recent years, with auction prices for vintage games hitting record highs. Some of that could be attributed to companies like Wata Games, which rate games sent to them by customers, determining their quality and value. Now, clients Jacob Knight, Jack Cribbs, and Jason Dohse have filed a class action lawsuit against Wata Games in the state of California.
According to the report. Wata Games is accused of failing to return games on time, and much worse, of artificially inflating the values of certain games. In just a few years, the reported prices of some of these games have increased dramatically. They reported that a copy of Super Mario Bros. original for NES would sell for $30,000 in 2017, while that same game had a reported value of $2 million in 2021. The involvement of company representatives in some of these auctions, as well as a suspicious appearance in the TV show Pawn Stars, have questioned such claims. Kotaku has a complete write-up of the incident, with more details on the history and practices of this company.
It’s certainly an issue that affects anyone involved in buying, selling, or collecting these classic games. If you have been a client of Wata Games in the past, you may have an interest in its lawsuit. Of course, it will be months or years before a decision is made. Until then, it pays to be aware of the situation and to be very careful when considering buying retro games or having your own reviewed.
For more details, you can also read the lawsuit filed in full via the tweet below.