Jay Chun, chairman and managing director of Hong Kong-listed Paradise Entertainment Ltd, now owns 65.36 percent of the casino technology firm’s shares following a series of share purchases since late March and up to last week. That is according to share disclosure records filed with the Hong Kong bourse.
Paradise Entertainment is the parent of Macau-based electronic casino games specialist LT Game Ltd.
Mr Chun (pictured in a file photo) had, as of last week, conducted during June a total of 15 share purchases, following three in late March, 18 in April, and 18 in May.
In aggregate, the exercises resulted in Mr Chun’s long position in the firm increasing from 60.00 percent on March 27, to 65.36 percent on June 24. Across that period, the Paradise Entertainment boss spent in total circa HKD32.88 million (US$4.2 million).
Year-to-date, Paradise Entertainment’s lowest trading point was at market close on March 24, at HKD0.435 per share. That was just before it released its 2025 financial results.
The firm saw a 63.5-percent year-on-year decrease in full-year profit during 2025, at HKD139.4 million. That was mainly due to the discontinued operation of its Macau satellite casino business amid city-wide regulatory changes.
The group has been expanding its gaming product offerings, and promoting their reach outside the company’s home turf of Macau, Paradise Entertainment mentioned in previous corporate commentary.
Last week the firm said a subsidiary is now an approved manufacturer in Singapore.
Paradise Entertainment was trading at HKD0.770 per share as of market close on Friday (June 26), up circa 77.0 percent from its March 24 low point.
