Since I started dabbling in Raspberry Pi SBC's, I've been testing a few emulation-distros and the like. Been playing around with this since June 2016, so a good 10 months by now I would say :P
One particular distro caught my interest while testing; namely RetroPie.
Excerpt from retropie.org.uk:
RetroPie allows you to turn your Raspberry Pi, ODroid C1/C2, or PC into a retro-gaming machine. It builds upon Raspbian, EmulationStation, RetroArch and many other projects to enable you to play your favourite Arcade, home-console, and classic PC games with the minimum set-up.
RetroPie lets you play virtually ALL arcade-/console-/PC-games released in the period 1980-2000. Every .rom I've got in my library (accumulated around 10.000+ since the 1990s) works out-of-the-box.
Tested a good few arcade- and console-roms, and they work flawlessly.
Only configuration it may require is a simple dialogue-based gamepad/joystick setup. And you're ready to game as you please :)