Paradise Entertainment Ltd

Detailed Description

Paradise Entertainment Limited, an investment holding company, primarily provides casino management services in Macau and internationally. The company operates through Casino Management Services and Gaming Systems segments. It operates Casino Kam Pek Paradise, which offers various games, such as baccarat, roulette, sic bo, etc. on live multi gaming terminals, traditional tables, and slot machines. The company also engages in the development, sale, and leasing of electronic gaming equipment and systems. Its gaming products include the Live Multi Game system, which provides live table gaming to play different types of games on different tables while being on the same terminal; slot machines that provide chance games, bingo jackpots, and bonuses; horse racing gaming, which creates virtual sports events for betting purpose that are provided to the bet acceptance system; Chips on Me that are member self-service chips exchange terminals; Personal Dice/ Personal Sic Bo, a standalone gaming terminal; Intelligent Card Shoe that helps casino operators to handle their card games; and other products and services. In addition, it provides management and consulting services; and properties holding, market development, and technology and software development services. The company was formerly known as LifeTec Group Limited and changed its name to Paradise Entertainment Limited in May 2007. The company was incorporated in 1996 and is headquartered in Central, Hong Kong. Paradise Entertainment Limited is a subsidiary of August Profit Investments Limited.