Paradise Entertainment Limited (Stock Code: 1180.HK), the shares of which are listed on The Stock Exchange of Hong Kong Limited, is the holding company of a diverse group of companies that engages in casino management, and development, supply and leasing of game machinery and equipment. Paradise Entertainment Limited has been active in the Macau market as a casino service provider and gaming equipment supplier since 2007, and was incorporated as a constituent stock of Morgan Stanley Capital International (MSCI) Hong Kong Index as of 30th May 2014. Paradise Entertainment Limited is currently the sole service provider to 3 stand-alone satellite casino properties and an assigned area within a flagship casino. The company is also a major gaming equipment supplier in Macau and markets abroad.
The Group’s gaming businesses are conducted under two flagship subsidiaries, LT (Macau) Limited and LT Game Limited. Our Casino Management business operates under LT (Macau) Limited while our Gaming Equipment Supply business operates under LT Game Limited.
Paradise Entertainment Limited’s subsidiary, LT (Macau) Limited was granted the Casino Service Provider License by the Macau Government in 2007 and has since positioned itself as the expert service provider to mass market customers for various satellite casinos. The company sets itself apart from its peers by offering patrons affordable minimum bets which attracts a large, diverse and loyal customer base. LT Macau’s edge is made possible by leveraging technology to dramatically lower its operational costs and exponentially increase game efficiency and productivity. The company began providing services to Casino Kampek Paradise in 2007 and proudly took over two additional properties (Casino Waldo and Casino Macau Jockey Club) in the year 2014.
The Group’s gaming equipment supply arm, LT Game Limited is one of the leading gaming equipment suppliers worldwide. The company specializes in developing table game automation and innovating technologies that improves game efficiency and optimizes operations. One of LT Game’s core products is the patented Live Multi Game (“LMG”) system which has seen tremendous demand from local and overseas operators. Since the first instalment of LMGs in 2006, the product’s market share surged to over 60% in the ETG category in Macau by 2014.
LT Game is committed to investing in extensive research and development to create products that simplify game process, minimize labour costs, optimize game productivity and enhance player experience. With its expertise in gaming system automation, LT Game is well positioned to become a prime equipment and systems provider for casino operators worldwide. The company’s business has grown over 10 folds since sales commenced in 2011 and is expanding rapidly overseas, most notably in Australia and the USA.
(As at 30th May 2014)