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Japan’s Pixel Companyz names European casino operator Groupe Partouche as new IR partner

Japanese fintech and renewable energy firm Pixel Companyz has announced French casino operator Groupe Partouche as its new consortium partner to develop an integrated resort in Japan.

According to a Friday press release, the two will work together alongside other unnamed consortium partners to plan, develop and operate a “premier integrated resort in Japan.”

The consortium, it added, “aims to develop an IR unique to Japan that will highlight the tourism assets, food culture, brands and the hospitable culture that the country has to offer.”

Pixel didn’t reveal exactly where it will pursue an IR bid but the most likely location is Nagasaki given the smaller scale of the proposed development. Partouche, which operates 42 casinos in Europe, also briefly entered into a preliminary MOU with Hong Kong-listed Oshidori International Holdings to pursue an IR bid before terminating the partnership in May due to “differences in vision and strategies.” Oshidori has since committed itself to bidding in Nagasaki.

The collaboration with Partouche comes after Pixel previously revealed a capital and business alliance agreement with TTL Resorts, which it says brings wide-ranging experience in data analysis and investment aspects of the gaming industry.

Pixel Companyz is listed on the Tokyo Stock Exchange and is engaged in a variety of businesses including gaming, eSports, fintech, solar power facilities and resort development.

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