This edition of International People Moves details appointments at Beazley and Gallagher Re. A summary of these new hires follows here. Beazley Announces
Video arcades in Japan face extinction as console sales hit record high amid pandemic
February 28, 2021 (Mainichi Japan)
This photo shows the interior of Kasuga Amusement Arcade in Osaka s Naniwa Ward on Jan. 20, 2021. In the foreground is Gator Panic, a game similar to Whac-a-Mole. (Mainichi/Hitoshi Sonobe) OSAKA Video arcades in Japan are facing extinction amid the novel coronavirus pandemic, while console sales have reached a record high. As of 2019, the number of gaming arcades in the country had already fallen to a sixth of the level seen during the asset-inflated bubble economy period due to the penetration of home gaming consoles amid a technology revolution. Recently, the number of arcades is further plunging due to the trend of the times and people refraining from going out amid the coronavirus pandemic.