Paradise Entertainment plans return to North American casino market
The company is preparing to re-enter North America as it seeks new growth opportunities after a sharp decline in revenue and the end of its casino management business.
Macau.- Paradise Entertainment has said that it’s preparing to re-enter the North American market with its LT Game gaming technology business. After posting H1 results, the company said it is looking to international markets to strengthen the business.
It said LT Game will localise its products, complete technical certifications and work with established local distributors to re-enter major North American jurisdictions. It will focus on supplying electronic gaming products and systems, particularly replacement hardware and casino floor upgrades, without building its own distribution network in the region.
With the loss of its casino management operation when Casino Kam Pek Paradise closed in December 2025, Paradise’s LT Game has become a key part of its strategy. The company expects to receive Macau regulatory approval for Black Coral, its next-generation Live Multi-Game platform, during the second half of 2026.
Paradise reported a HK$82.6m (US$10.5m) loss in the first half of 2026 compared to a HK$29.0m (US$3.7m) profit in the same period last year, when its casino management business was still operating. Revenue from Paradise’s continuing operations fell 67.1 per cent year-on-year to HK$41.3m (US$5.3m), while EBITDA turned to a HK$74.4m (US$9.5m) loss.