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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Bank automated teller machines (ATMs) with facial recognition technology have been installed since Monday in some places in the mainland China city of Zhuhai, next door to Macau, according to several...
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"We forecast Grand Lisboa Palace will have EBITDA of HKD2.0 billion (US$260 million) with 330 tables by 2022, and HKD3.5 billion with 380 tables by 2023"
Credit rating agency Fitch Ratings