If you’re into oddball pursuits, this deal is for you. A company that runs parlours for a Japanese game called pachinko has made history as the first Japanese company to complete an IPO in Hong Kong and list shares here.
What’s more, DYNAM Japan Holdings is the first pachinko hall operator listed on any exchange in the world.
Pachinko, for the uninitiated – which includes just about the entire world outside Japan – can best be described as a cross between a pinball machine (without flippers) and a poker machine (except you can’t win money). What’s perhaps stranger than the concept is its insane popularity in the land of the rising sun.
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