Thursday, March 28, 2024 - Login

Paradise expects to swing to H1 profit


Paradise Entertainment, of provider of electronic gaming equipment, said it expects to swing to a profit for the first half of this year, powered mainly by strong sales of equipment and systems.

In the same period of 2017, the Hong Kong-listed company posted a HK$35 million ($4.4 million) loss.

Paradise said the improvement was due to a 10 percent gain in revenue from casino management services and a surge of 160 percent in gaming machine sales.

The company is expected to release its official interim results in August.

 

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief