LT Game launches production line in Macau
The new facility is the only production line in Macau dedicated to the manufacturing of gaming equipment.
Macau.- Paradise Entertainment‘s subsidiary LT Game Limited has held an opening ceremony for its already-functioning new production line in Macau. An inauguration ceremony was held yesterday (April 15) with the presence of government officials, industry representatives and members of the media.
The company says it’s the only line in the city dedicated to the manufacture of gaming equipment, including slot machines and electronic table game machines. It supports the production of all LT Game’s current models, such as the LTS-1, LTS-2, Mighty Mite, Vista, Speedwave and Ripple.
The new facility enhances the company’s ability to serve local and regional markets. Machines have already been exported to destinations including Sri Lanka, Vietnam, and the Philippines.
Jay Chun, chairman and managing director of Paradise Entertainment, said, “We believe this milestone represents more than just the company’s progress — it signifies a new chapter for ‘Made in Macau’. Going forward, we will continue to integrate R&D and manufacturing efforts to drive industrial upgrades and deliver long-term, sustainable value to Macau’s economy. With the successful launch of the production line, LT Game remains committed to innovation and professionalism, continuing to expand its global reach while delivering top-quality products and solutions to the gaming industry.”
Paradise Entertainment profit reaches new record in 2024
For full year 2024, Paradise Entertainment posted a profit attributable to its owners of just under HK$381.9m (US$49.1m). That’s an increase of 527.1 per cent in year-on-year terms. Adjusted earnings before interest, taxation, depreciation, and amortisation (EBITDA) reached HK$453m (US$58.3m), up 239.1 per cent in year-on-year terms.
Revenue was HK$1.08m (US$0.14m), up 71 per cent year-on-year, mainly due to the increase in revenue from casino management services and the sale of electronic gaming equipment and systems in Macau. Revenue from the sale/leasing of electronic gaming equipment and systems amounted to HK$365.3m (US$47m), up 539.8 per cent in year-on-year terms. Adjusted EBITDA from this segment was HK$156.4m (US$20.1m), compared to negative -HK$14.8m (-US$1.9m) in 2023.
