Paradise Entertainment has entered into an agreement with a gaming service provider in the Casino L’ Arc Macau for deployment of 50 LMG terminals under revenue sharing arrangement to the casino for an initial term of three years, renewable for every two years thereafter.
L’ Arc Macau is a satellite casino in the Macau Peninsula operating under the gaming license of Sociedade de Jogos de Macau, S.A.
Jay Chun, chairman and managing director of Paradise Entertainment, said, “We are delighted to provide an update on our recent deployment of LMG terminals in Macau which poses a very good start for our business in 2018. It also shows that LMG, our flagship product, is welcomed by both casinos of gaming license holders and satellite casinos in Macau.
“This product can remarkably enhance the player gaming experience in casinos and on the other hand provide better gaming efficiency and security, and cost-saving solutions to casinos.”
Chun added: “As the inventor, the patent-owner and the sole-supplier of LMG terminals in Macau, the Group will, as always, strive to support the development of gaming industry and has always been committed to research and development of LMGs and other electronic gaming equipment and systems in future.”
In addition, Paradise Entertainment has deployed a total of 217 LMG terminals at MGM Cotai under sales which have been put on live upon the grand opening of MGM Cotai on 13 February 2018.