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.
Jan 26, 2022A Macau court was told on Wednesday that Asian American Entertainment Corp Ltd (AAEC), led by Taiwan businessman Marshall Hao Shi-sheng, was to blame for its failed tie-up with United States-based...
Jan 26, 2022
”Al Marjan Island [in the United Arab Emirates] is a pristine setting and an ideal greenfield location for us to create the one-of-a-kind guest experiences for which Wynn Resorts is renowned”
Chief executive of Wynn Resorts