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Revenue down for Japanese pachinko giant Dynam

Newsdesk by Newsdesk
Sun 29 Jul 2018 at 17:56
Revenue down for Japanese pachinko giant Dynam
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The Japanese pachinko industry continues to face headwinds with the country’s second largest operator, Dynam Japan, suffering a 4.1% decline in gross pay-ins and 4.4% fall in revenue for the three months to 30 June 2018.

Pay-ins for the quarter totaled ¥189 billion (US$1.7 billion), down from ¥197.1 billion in the same period last year, with revenue coming in at ¥35.9 billion (US$323.3 million). The negative results were primarily accrued from Dynam’s high cost playing halls, which saw pay-ins down 6.7% to ¥109.1 billion, with low cost halls declining just 0.4% to ¥80 billion.

Dynam announced earlier this year that it aims to make pachinko “an accessible amusement everybody can enjoy and is working to expand the market shares in the industry by opening low playing cost halls.”

The company converted one high playing cost hall to a low playing cost hall during the quarter, with the total number of halls within its scope remaining steady at 450.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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