Japan Pachinko Biz on the Slump

In March, the end of the 2020-21 fiscal year, more than 100 of Japan’s famous pachinko parlors closed up shop. About 700 of the gambling venues have closed since fiscal 2019.

Japan Pachinko Biz on the Slump

Last month, more than 100 pachinko parlors in Japan joined hundreds more that have closed up shop since the end of fiscal 2019.

A monthly report from the All-Japan Amusement Business Cooperative Association showed that its total membership is down to 8,063, versus 8,710 before the start of the Covid-19 pandemic. At the end of March, the number of pachinko machines at its member stores was 2,190,000 down more than 31,500 from the previous month, with pachislot machines at 1.4 million, a decrease of 20,770.

According to Asia Gaming Brief, pachinko faces multiple challenges beyond the pandemic, including tighter regulations and a declining customer base. Younger Japanese players prefer mobile games over visits to pachinko parlors.