GGB is committed to providing updated news and analysis on our weekly news site,

Aristocrat to Close Japan Unit

Australian slot manufacturer Aristocrat Leisure Ltd. announced it will close its main Japanese unit KK Aristocrat Technologies and cease new pachislot game development in that country. The decision follows what the parent describes as a “strategic review” of its Japanese business, according to the GGRAsia website.

Aristocrat Leisure added it will maintain a small presence in Japan via another subsidiary called KK Spiky, which will provide service and field support for recent game releases.

The Japan business had become “less relevant to Aristocrat’s predominantly recurring revenue footprint,” said Toni Korsanos, Aristocrat Leisure’s chief financial officer, in a statement. “We will continue to prioritize investments behind our growing core segments across Class II, Class III and digital gaming segments.”

The closure will occur before the end of the calendar year.

    Recent Feature Articles

  • A Good Bet

    As AGS prepares to return to private ownership, stock analysts and industry experts acknowledge that the company’s future is a good bet, private or public.

  • Taxing Problem

    Wagering tax hikes could shrink markets, have unintended consequences.

  • Cashless Crescendo

    The ongoing migration to a cashless casino experience.

  • Hold for Gold, Spin to Win

    Why hold-and-spin games have come to dominate the slot industry.

  • Ronnie Johns: A Life in the Hot Seat

    Following three years as chairman of the Louisiana Gaming Control Board and close to 40 years in public service, Ronnie Johns steps down.