Tag Archives: Paradise Entertainment
- Paradise Ent trims H1 net loss to $5.1M
August 23, 2017
Hong Kong-listed gaming device maker and solutions provider Paradise Entertainment Ltd. has trimmed its losses by 90.2 percent in the first half of the year after inking a multi-million dollar deal to grant some exclusive rights to International Game Technology (IGT). In a disclosure to the Hong Kong Stock Exchange...
- Paradise Entertainment’s Q1 revenue down 9.8 percent
May 16, 2017
Hong Kong-listed gaming device maker Paradise Entertainment Ltd. saw its total Q1 revenue drop by 9.8 percent on weak sales. In a filing before the Hong Kong bourse, Paradise Ent announced that its total revenue for the reporting period dropped to HKD235.3 million (US$30.21 million). The game technology provider reported...
- Higher terminal sales lifts Paradise Ent’s 2016 revenue
March 30, 2017
Hong Kong-listed gaming device maker Paradise Entertainment Ltd posted 6.5 percent revenue growth in 2016, thanks in part to the higher sales of its live multi-game (LMG) terminals. Paradise Ent. announced that its full-year revenue was approximately HKD1.16 billion (US$149.7 million) due to strong demand for electronic gaming equipment and...
- Paradise net loss balloons to $53.7M in H1
August 29, 2016
Disposal of patents and patent applications has dampen gaming technology provider Paradise Entertainment Limited's revenues, resulting to a more than 33-fold net loss for the first six months of the year. From a HK$ 23.9 million (US$ 3.08 million) losses in January to June period last year, the HongKong-listed firm...
- Asian casinos to add 25% more electronic table game seats in next three years
May 26, 2016
The number of electronic table game (ETG) seats in Asian casino markets is expected to grow by more than one-quarter over the next three years, according to a new report. Union Gaming Securities Asia has been tracking the rise of ETG for the past five years, and its most recent...
- Paradise’s legal dispute vs. Sci Games still alive
May 24, 2016
Hongkong-listed gaming device maker Paradise Entertainment Ltd. has shot down Scientific Games Corp’s (SGC) claim that the court has given a go-signal to sell its products in the Macau market. Paradise and SHFL Entertainment (Asia) Ltd., a division of Bally Technologies, which is itself owned by Scientific Games, have long...
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