Chicago - Video game publisher Midway Games (NYSE: MWY) said on Friday that last week it received notice from the New York Stock Exchange (NYSE) that its shares are in danger of being delisted from the exchange, for failing to maintain a minimum average closing price of $1 for 30 consecutive days.

The company now has six months to cure the deficiency.

Last month, Chicago-based Midway decided to cancel future versions of some titles and let go of some of its licensing deals.

The company posted a $70 million loss for the first half of 2008.

Earlier this month, Shari Redstone -- daughter of National Amusements chair Sumner Redstone -- resigned from her position as chairman of Midway.

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