Operator News
Japan – Okura Holdings closes K’s Plaza Ohato pachinko hall in Nagasaki
By Phil - 10 January 2024
Okura Holdings has shut its K’s Plaza Ohato pachinko hall in Nagasaki City, the focus of so much casino attention recently, blaming ‘deteriorating operating and financial performance.’
Okura now operates just ten halls in Kyushu, Kanto, Kansai and Chugoku.
The operator cited falling attendence and a loss of US$405,000 as the reasons.
It said: “The management considered that although K’s Plaza Ohato gradually managed to regain customer traffic in the year ended 30 June 2023, as compared with some of the Group’s other pachinko halls, the recovery of customer traffic at K’s Plaza Ohato is still at a slow pace despite the Group’s continuous effort in promoting its pachinko and pachislot games in K’s Plaza Ohato, and accordingly this pachinko hall continue to record losses from its business operations,” management said.
“Taking into account the general adverse operating landscape, the intense competition in the pachinko industry and the increasing competition from other forms of entertainment in Japan, the management considered that it will be more beneficial for the Group to focus its resources on the Group’s other pachinko hall, SENKURA Dejima (formerly known as Big Apple. Dejima) which is located close to K’s Plaza Ohato, as well as other more promising pachinko halls.”
