- CEO
- Jay Chun
- Full Time Employees
- 330
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- Entertainment Building Central Hong Kong
- IPO Date
- Dec 10, 2013
- Business
- Paradise Entertainment Limited (HKEx: 1180), an investment holding company incorporated in Bermuda in 1996 and headquartered in Central, Hong Kong, principally engages in casino management services and the development, sale, and leasing of electronic gaming equipment and systems; it operates through its LT Macau brand for casino management, including the operation of Casino Kam Pek Paradise, a satellite casino of SJM Resorts, S.A. in Macau with a service contract extending to December 31, 2025, offering traditional gaming tables, live multi-game (LMG) terminals, slot machines, and electronic table games targeting mass-market patrons with affordable minimum bets; and through its LT Game brand, which dominates Macau's electronic table games market as the inventor, patent owner, and provider of the flagship LMG systems enabling multiple simultaneous bets on live dealer tables, alongside slot machines, other electronic table games (ETG), automatic intelligent robots, face recognition systems, game management systems, and high-tech products including artificial intelligence solutions for education, sports, and living. The company also provides advisory and consulting services in the gaming industry, supplies smart charging stations for electric vehicles, and pursues innovative and renewable energy solutions; its operations span Macau, the People's Republic of China, the Philippines, the United States, and international markets, with a subsidiary relationship to August Profit Investments Limited. Recent developments include record 2024 profit attributable to owners of HK$381.9 million, up 527.1% year-on-year, driven by 71% revenue growth to HK$1.08 billion primarily from casino management and gaming systems sales in Macau; Casino Kam Pek Paradise achieved 27% gross gaming revenue growth to HK$1.3 billion with 90.7% adjusted EBITDA increase; ongoing navigation of Macau's satellite casino transition under new gaming laws through collaborations and mass-market focus; and strategic enhancements in product offerings amid infrastructure improvements like new bridges boosting visitor access.