The Pinball Hall of Fame is a nonprofit venture and its creation came about in part due to donations, which are still accepted.

The museum is run by Tim Arnold, a veteran arcade operator who ran "Pinball Pete's" in East Lansing, Michigan.

In late 2009, the Pinball Hall of Fame moved to 1610 E Tropicana Ave. An annex location was opened at the Riviera Hotel and Casino in 2013 and ceased operations two years later upon the property's closure.

[5] In 2020, the Pinball Hall of Fame announced plans to move to a new, larger location at 4925 S Las Vegas Blvd.

The new location, a purpose-built 28,000 square foot warehouse, is intended to house the Hall of Fame's complete collection of more than 700 games.