Paradise Entertainment
Paradise Entertainment Limited (HKEx: 1180) engages in the development, sale and leasing of electronic gaming equipment and systems, as well as the provision of casino management services in Macau. Paradise is the inventor, patent owner and sole provider of live-multi game terminals and dominates the electronic table games market in Macau. The Group has also been developing slot machines. Apart from casino management business in Macau, Paradise envisions to become a global leader in gaming equipment. In addition, the Group also develops high-tech products including artificial intelligence related products in areas of education, sports and living, etc.
MacauClosure of all remaining Macau satellite casinos a “negative surprise”: CLSA
MacauMacau’s satellite casino operators lament upcoming closure of venues
MacauSJM to acquire Ponte 16 and L’Arc casino properties, shutter seven other satellite casinos
Deep DiveProfitable satellite casinos seen maintaining status quo after transition ends: CLSA
MacauLT Game opens Macau manufacturing line with 20K-unit annual capacity
MacauParadise Entertainment anticipates significant profit growth for 2024
MacauMacau’s Paradise Ent books strong profit increase for FY24
United StatesKelsey Allison, former Global COO at Aruze Gaming, announces departure from role
MacauMacau satellite casinos call for guidance as transition period nears end
Deep DiveMacau’s GGR growth rate expected to improve only in 2026: CLSA