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New consumption tax worries arcades in Japan

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A consumption tax in Japan, which came into force on October 1 and is applicable to arcade machines, could impact the profits of the country’s amusement arcades. The rise in tax percent is low – just a 2 per cent increase from 8 per cent to 10 per cent. But it could be significant for arcade developers.

The arcades have been built around a single coin experience, either the ¥50 (US$.44) or ¥100 (US$.88) variant.

The problem for the operators is that they have to choose from one of the two options:  either absorb the levy or adopt some other cashless solutions. Both the options have its pitfalls.

 “This industry might vanish,” a 47-year-old arcade owner in Yokohama told Sankei Business. “We cannot raise the price of a ¥100 game to ¥110. The only choice is for the arcade to absorb the tax increase.”

Like elsewhere, Japan’s arcade industry has been facing challenges in the past decade. In 2006, there were 24,000 arcades in Japan. By 2016, however, that number had decreased by nearly half to 14,000 according to Kotaku.

While larger operations are able to upgrade to cashless and manage the tax, smaller, independent sites are expected to suffer, even close.

 

Source: InterGameOnline

Source: Latest News at European Gaming Media

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Industry News

Bryke launches Link King in Spain

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Bryke, the video slots brand of Zitro, the famous  Luxemburg-based gaming company, has launched its highly successful flagship product in Spain: Link King, a unique and innovative type of game that is not like any other games available in Spain.

Link King offers impressive new features: 4 spectacular levels of progressive jackpots that are frequently granted through the bonus game, increasing the chances of winning. In addition, prizes are linked between terminals, raising their value and the player’s excitement. Spanish players can enjoy a different way of playing never before seen in Spain and already present in the best casinos in the world.

The staging of LINK KING is impressive thanks to the new FUSION cabinet that stands out due to its advanced technology and “Ultra Slim” design, occupying less space than any other piece on the market and offering the player greater comfort.

The combination of LINK KING and FUSION will transform Spanish lounges into a game show that will appeal to both the operator and player, just like what’s happening in international markets.

Source: Latest News at European Gaming Media

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RTG launched a new game, called I, Zombie

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RTG Asia, the Philippines-based gaming company, has launched a new game called I, Zombie, which is a five-reel, 25 line game. It features Amy, a gorgeous zombie killer.

“The zombie epidemic continues, but now it’s taken a personal toll: Nancy has turned! Her beautiful blue eyes have gone red, her carefully manicured nails have grown into claw-like things. She might be the WORST kind of zombie — still so sexy, so attractive, so deadly. You have to see her! And, as in life, so WILD. And she is your WILD too. You may even see two more her appear and they’ll jump across the reels… not to kill you but to help you win more,” – commented RTG Asia.

“Maybe if she could see herself in the mirror she could change back… would that help? Could that help? It’ll certainly help YOU: when you get three mirrors – the game’s scatter – you get free spins. Get four mirrors and your free spin prize doubles. Five mirrors, it trebles,” it concludes.

Source: Latest News at European Gaming Media

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William Hill US seeks modifications in regulations

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William Hill US has written a letter to the Nevada Gaming Control Board (NGCB) seeking modifications in current regulations so as to eliminate some technical glitches. This is after FanDuel paid out on an erroneous ticket that allowed the ticket holder to win US$82k in New Jersey.

It is learnt that William Hill US mainly asked the power for the Chair to use discretion in rescinding bets where an obvious error had occurred, such as wrong pricing. “This would address the situation that occurred recently in New Jersey where an operator issued a wager on a football game at a price that was obviously incorrect,” reads the letter.

Sylvia Tiscareno, general counsel of William Hill, testified during NGCB’s meeting this week and said that the request comes after several internal discussions. The panel at the meeting decided to consider the testimony before making a decision.

Source: Latest News at European Gaming Media

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