Mr. Chun, chairman and CEO of Paradise Entertainment, is a talented entrepreneur and manager. Mr. Chun is also a director of other members of the Group. He has a solid background in information technology and marketing and over 23 years of management and investment experience. He holds a bachelor degree in computer science from the Shanghai University of Science and Technology. Mr. Chun joined the Group and was appointed as Managing Director of the Company in January 1999 and subsequently appointed as Chairman of the Board in July 2002.
As Macau celebrated the 20th anniversary since the handover to China last December, there was no indication of how the gambling hub’s fortunes were about to change so radically. This year, there appears to be little cause for celebration, with the global pandemic having halved the size of the local economy and caused a plunge […]
Paradise Entertainment said it is extending for a further year an agreement to supply products to a company controlled by its Chairman Jay Chun's brother in law.
Paradise Entertainment, like the majority of the companies in the global gaming industry, has been hit hard by the pandemic, but has taken measures to reduce costs and is counting on technology and new products to help drive the rebound.
Paradise Entertainment said it has granted a license to Interblock, a supplier of luxury electronic gaming products, for the rights to “certain intellectual property” of non-live multi games in Macau.
Paradise Entertainment has welcomed new technical standards published by the Macau market regulator for the operation of dealer operated electronic table games. The new standards came into force from Jan 1 and provide a grace period for existing terminals to be upgraded to comply with the new rules. Any failing to comply after the grace […]
While table games have traditionally been appealing to gamblers in Macau, there is a lot of room for innovation with regards to slot machines, MGEMA chairman Jay Chun told AGB in an interview on Tuesday. “Slots have been recovering better than the mass market in general, so we have seen them edging ahead for revenue, […]
The MGS Entertainment Show, which is backed jointly by the Macau SAR Government and the largest 150 gaming and entertainment companies in Asia, will challenge conventional thinking in the agenda for its annual summit at the Venetian Macao, November 14-16, 2017. Titled ‘Smart City, Smart Economy’, the MGS Summit will place gaming at the heart […]
The MGS Entertainment Show (MGS) has been awarded the status of an ‘UFI Approved Event’. UFI has also approved the admission of the Macau Gaming Equipment and Manufacturers Association (MGEMA), owner and organizer of MGS, into full membership of the international authority. The certification, bestowed by The Global Association of the Exhibition Industry (UFI) – […]
ICE will host the largest delegation of senior gaming officials from Macau and the People’s Republic of China. The 20 strong, government funded delegation, led by Jay Chun, chairman of Paradise Entertainment, LT Game and the Asian trade body, MGEMA, will be at ICE to explore advances in AI and VR and how they impact […]
Titled ‘Creativity and Innovation,’ this year’s edition of MGS Entertainment Show welcomed several new technology companies from around the world. From software solutions to digital marketing, exhibitors strived to impress. Virtual betting solution company Golden Race brought live fight shows to the exhibition hall, trying to catch the attention of casino operators as they want […]
Paradise Entertainment Ltd. has announced that it will participate in the first edition of the International Film Festival & Awards Macau from December 9-11 this year, debuting the world’s first immersive media production- a television series and Virtual Reality 360 narrative. In partnership with LENS Immersive, Pioneer AR/VR Studio and The Pulse VR the narrative, […]
The MGS Entertainment show this year welcomed 14,847 visitors, a 10 percent increase compared to last year, said organizers. Regardless, organizers have pledged to attract even more traffic next year, especially non-gaming elements. “As for qualified buyers – the professional buyers – we almost saw everybody; but for the multicultural side, the non-gaming sector, we […]
Paradise Entertainment Limited has announced that its subsidiary LT Game Ltd., is offering EZ Baccarat on its Live Multi-Game systems; and MGM Macau has agreed to be the first casino to trial the electronic EZ Baccarat game on over 100 of its LT terminals in the next year. In April 2015, LT Game signed a […]
LT Game, a subsidiary of Paradise Entertainment Limited, will exhibit a variety of its products at stand AP19 at MGS. Visitors will be able to learn how the company’s latest innovations will benefit casino operators in further improving game efficiency and provide casino patrons a revolutionary gaming experience. The key highlights on LT Game’s booth […]
LT Game, a subsidiary of Paradise Entertainment Limited, will exhibit a variety of its products during the Macao Gaming Show at Booth #AP19. Visitors will be able to learn how the company’s latest innovations will benefit casino operators in further improving game efficiency and provide casino patrons with a revolutionary gaming experience. The key highlights […]
Mocha Club founder Chang Wang is investing in Macau’s Paradise Entertainment through the purchase of warrants carrying the rights to subscribe for shares. The net proceeds from the subscription of warrants are about HK$1.5 million, Paradise said in a filing with the Hong Kong Stock Exchange. However, if the rights are exercised in full, the […]
SHFL Entertainment (Asia) has withdrawn a claim in Macau’s court of First Instance against Paradise Entertainment Group and its Chairman Jay Chun over alleged patent infringement. As a result, the case was dismissed on May 3, Paradise said in a Hong Kong Stock Exchange filing. SHFL had claimed abuse of intellectual property rights relating to […]
Paradise Entertainment has announced it has entered into a Distributorship Framework Agreement with the brother in-law for Paradise Entertainment’s chairman, according to an announcement to the Hong Kong Stock Exchange. The agreement with Linyi Feng is for the sales and distribution of gaming products to the companies controlled by Feng for a term of three […]
Casino management and electronic gaming solutions provider, Paradise Entertainment Limited has announced that it has successfully deployed 70 Live Multi-Game terminals at Casino Diamond at Hotel Holiday Inn Macau, a SJM satellite casino located in the city center of the Macau Peninsula on Feb. 4, 2016. “We are pleased to work with Casino Diamond […]
Amidst discussion of gaming staff salary hikes, and falling GGR in Macau, Hong Kong-based gaming machine manufacturer and supplier, Paradise Entertainment says its new robot dealer could cut labor costs and open up new markets for casino operators, Bloomberg reports. Named Min, the dealer’s current function is limited to dealing cards, however, planned enhancements include recognizing […]
Backed by major government departments in Macau SAR, the Macao Gaming Show will stage its fourth edition on Oct. 11th-13th, 2016 at the Venetian Macao. Following consultations during last week’s MGS with its key stakeholders, organiser and owner of MGS – the Macau Gaming Equipment Manufacturers Association (MGEMA) has brought the three day event forward […]
LT Game is eyeing the European market for the next step in its global expansion and expects to see sales in the U.K. market beginning in the first quarter of next year. Jay Chun, chairman and managing director of parent company Paradise Entertainment, said the company expects to place its products with a “sizeable” company […]
The Macau Gaming Equipment Manufacturers Association, the trade body behind the Macao Gaming Show, will confirm at the opening ceremony that the rapidly expanding international exhibition and summit ‘is here to stay’. Jay Chun, chairman of the organization, will deliver the key message concerning the show’s long term plan when he officially declares the 2015 […]
LT Game will be displaying a variety of its products at The Venetian Macao Cotai Expo during the Macao Gaming Show, where visitors will be able to try out all the latest Live Multi-Gaming (LMG) products, as well as brand new Electronic Table Gaming products and a Cash access kiosk that will be introduced to the market […]
Paradise Entertainment, a casino management and electronic gaming solutions provider in Macau, announced that it has successfully installed its Live Multi-Game solution at Casino Lan Kwai Fong. The new electronic gaming area opens with 63 LMG terminals, offering six baccarat games and Paradise Jackpot, under a leasing agreement. “Paradise is committed to meeting the needs […]
The Macau government needs to change its policies to nurture the local gambling equipment manufacturers, as it is losing a golden opportunity to develop the industry and create quality jobs for residents, the head of the industry association said.