Paradise is looking to export products now to the Philippines, Sri Lanka, Laos, Malaysia, Vietnam and North America
Having lost its most profitable asset towards the end of the year in the satellite venue Casino Kam Pek Paradise in downtown Macau, Paradise Entertainment is having to radically rethink its business model.
It reported a profit of US$17.8m for the full-year 2025, down 63.5 per cent from last year with 93.7 per cent of its 2025 profit generated by the operation of Casino Kam Pek Paradise.
The satellite casino, run in conjunction with SJM Resorts, closed on December 2 2025, bringing in HK$1,156m, down from HK$1,313m for the year ended 31 December 2024. Paradise has since partnered with another gaming concessionaire in Macau, offering professional advisory services to a casino in Macau operated by the concessionaire since 2 December 2025. The group is actively pursuing to expand its product offerings while targeting overseas markets with significant potential, including the Philippines, Sri Lanka, Laos, Malaysia, Vietnam and North America, etc. to capture the untapped demand.
Paradise’s revenue from the sale/leasing of electronic gaming equipment and systems was down by 45.3 per cent to HK$199.8m due to the decrease in the sale of live multi-game (LMG) terminals and systems in Macau. The sale of LMG terminals were weakened during the year ended 31 December
2025, primarily because customers might have opted to postpone their purchases in anticipation of
our upcoming LMG system, namely Black Coral, which is planned for launch in 2026. The game is designed to incorporate advanced technological features, including integrated analytics and widgets that present historical and real-time gameplay data in a clear and accessible format. By highlighting observable patterns derived from actual gameplay outcomes through intuitive visualisation, the system aims to enhance player engagement and the overall gaming experience. Revenue recognition of this new version of LMG system has not yet occurred. The Group anticipates that Black Coral will enhance player engagement and accelerate the replacement of existing LMG terminals and systems in operation, hence driving future revenue growth of the Group in this segment.
Dr. Jay Chun, Chairman and Managing Director of Paradise, commented, “2025 proved to be a challenging year for the Group, presenting both opportunities and threats to the Group’s businesses. We firmly believe that with every risk comes a potential opportunity, especially for those who are well-prepared. By proactively adapting to dynamic market conditions, the Group is well-positioned to capitalise on emerging opportunities and enhance its resilience in navigating uncertainties through innovative products and technology. Despite the uncertainties impacting the macro economy – such as global market fluctuations, geographical complexities, and trade tensions marked by reciprocal tariffs – supportive factors, including a series of major events and prestigious conferences hosted throughout the year, favourable travel initiatives to Macau, and improved regional connectivity, solidified Macau’s status as a premium global tourist destination. These elements contributed to a commendable increase in tourist arrivals and total gross gaming revenue in Macau in 2025.”
“As part of our proactive strategy to expand our presence in overseas markets to grasp the enormous market potential, we opened a new office and showroom in Manila, the Philippines in 2025. These initiatives reflect our commitment to exploring further opportunities to grow our product footprint in international gaming markets.”
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Paradise is looking to export products now to the Philippines, Sri Lanka, Laos, Malaysia, Vietnam and North America Having lost its most profitable asset towards the end of the year in the satellite venue Casino Kam Pek Paradise in downtown Macau, Paradise Entertainment is having to radically rethink its business model. It reported a profit…
The post Paradise reveals that now shuttered Casino Kam Pek Paradise accounted for 94 per cent of its profits appeared first on G3 Newswire.