Asia

Paradise Entertainment reveals their financial results for 2018

Published

6 years ago

March 28, 2019

Niji Narayan

Paradise Entertainment reveals their financial results for 2018

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Paradise Entertainment revealed its financial results for 2018 and reported a profit of €6 million for the last year. Its figures were driven by an increase in revenue from casino management services at its Kam Pek Paradise casino and improved sales of electronic gaming equipment.

“Casino operators’ universal quest for more seats, fewer tables, lower minimum bets and higher yields translates into a future need for solutions that could help them achieve higher efficiency and to optimise their table yields,” Paradise Entertainment said.

“Aside from LMG machines, several of our new slot games are now fully tested and are soon ready to debut in the market. The group strengthened our sales and marketing teams targeting casino operators in Macau, South East Asia and North America,” it said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.