Our Business

Corporate Profile

Paradise Entertainment Limited

The Company was incorporated in Bermuda on 3 December 1996 with its Shares listed on the Main Board of the Stock Exchange since 20 January 1997. The Company is the holding company of a diverse group of companies that are principally engaged in the provision of casino management services, and the development, sale and leasing of electronic gaming equipment and systems.

The Group has been active in the Macau gaming market as a casino management service provider and a gaming equipment and systems supplier since 2007. The Group is currently the sole casino management service provider to two stand-alone satellite casino properties in Macau. The Group is also a major gaming equipment and systems supplier in Macau and overseas.

In 2007, the Group entered into a service contract with SJM for provision of casino management services. Since then, the Group has positioned itself as a casino management service provider focusing on mass market patrons for satellite casinos in Macau. In 2014, the Group entered into another service contract for provision of casino management services in a satellite casino of Galaxy in Macau. The Group sets itself apart from its peers by offering patrons affordable minimum bets which attract a large, diverse and loyal patron base. The Group’s edge is made possible by leveraging technology to lower its operational costs and increase game efficiency and productivity.

The Group is one of the worldwide leading gaming equipment and systems suppliers. The Group specialises in developing table game automation and innovative technologies that improve game efficiency and optimise operations. The Group’s first flagship product is the patented LMG system which has seen tremendous demand from Macau and overseas casino operators. The Group is the investor, patent owner and sole provider of LMG terminals and dominates the ETG market in Macau.

On 25 April 2016, the Group entered into a strategic agreement with IGT, pursuant to which the Group assigned and licensed certain patents and associated technology to IGT in return for a non-refundable upfront payment and a 15-year earn-out payment for every ETG machine deployed in the global market (other than Macau).

In addition to the LMG system, the Group has also been investing in developing other high-tech ETG products and slot machines which are now in the pipeline of being launched to the gaming markets in Macau and overseas. The Group is committed to create innovative products that simplify game process, minimise labour costs, optimise game productivity and enhance player experience.

The Group embraces synergies of its two principal business segments, namely provision of casino management services and development, sale and leasing of electronic gaming equipment and systems which provide the Group a unique and privileged position in the market.