The casino equipment manufacturer sees a horrible year as profit drops, won’t renew Casino Waldo management contract.
Paradise expects Allison will help their business grow in the United States, based on his track record of success.
To give them some skin in the game and increase revenue, employees will get shares of the company, and a reason to see revenues increase.
Kangwon Land saw a positive third quarter while Grand Korea Leisure is really starting to struggle.
Paradise Entertainment shareholders have given their support a company initiative to buy back shares and issue a special dividend.
Macau’s Paradise Entertainment Ltd. published its financials for the first quarter of the year and the results don’t look good.
Paradise Entertainment announced their agreement with Mr. Feng Linyi through a filing with the Hong Kong Exchanges and the Stock Exchange of Hong Kong.
Paradise Entertainment reported adjusted EBITDA of HKD19.7 million ($2.5 million) in the third quarter, 57.3% lower year on year.
Paradise Entertainment Limited posted a revenue of HK$563.9 million ($71.8 million) for the first half of 2018, up 15.2% from the same period last year.
Paradise Entertainment Limited has granted Interblock d.d. license for the use of certain intellectual property for non-live multi-gaming machines in Macau.