Jun 22, 2015 Newsdesk Latest News, Macau, Top of the deck  
Shareholders of Macau-based casino equipment maker Paradise Entertainment Ltd approved a final dividend of HKD0.05 (US$0.006) per share for the year ended December 31, 2014. The resolution was passed at the annual general meeting on Friday.
Hong Kong-listed Paradise Entertainment develops, supplies and sells electronic gaming systems in Macau and internationally under the LT Game brand. Its gaming products include Live Multi Game (LMG) terminals, served by a live dealer but with electronic betting and bet settlement.
The company in March reported a 36 percent decline in net profit, despite a near 16 percent rise in revenue for 2014.
In May, Paradise Entertainment chairman Jay Chun said the company would be introducing new products to diversify its offering and to smooth the volatility of its current single product replenishment cycle.
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Members of Thailand’s House of Representatives voted overwhelmingly on Thursday in support of a study recommending casinos be permitted in large entertainment complexes proposed for that nation. A...(Click here for more)
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