Pachinko parlor operator Niraku to go public in Hong Kong

Mar 24, 2015

Pachinko parlor operator Niraku to go public in Hong Kong

Niraku Corp., an operator of pachinko parlors, plans to go public on the Hong Kong Stock Exchange where its stock is expected to start trading around April 8, sources close to the matter said Monday. Fukushima-based Niraku is expected to raise some ¥5 billion ...

LDP eyes cellphone, pachinko prize taxes

Aug 11, 2014

LDP eyes cellphone, pachinko prize taxes

Some members of the ruling Liberal Democratic Party are considering seeking taxes on mobile phone owners and the pachinko industry to cover a chronic shortage of government revenue. With the balance of government debts at a record ¥1.04 quadrillion at the end of June, ...

Pachinko parlors face taxing times

May 13, 2014

Pachinko parlors face taxing times

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Moves toward legalizing casinos in Japan have reignited a debate over the legal status of pachinko, with a potential new tax mooted for a $200 billion gaming industry that has existed for decades on the fringes of the law. Pachinko, a slot-cum-pinball form of ...