PARADISE ENT (01180) to Cease Casino Management Services for Grand Emperor Casino from December 2

Stock News
Nov 26

PARADISE ENT (01180) announced that its service agreement with SJM Resorts, S.A. for providing casino management services to the Grand Emperor Casino in Macau will expire on December 31, 2025. The company's board of directors hereby notifies shareholders and potential investors that the group will cease providing casino management services to the Grand Emperor Casino from December 2, 2025. The group remains committed to its strategic focus on the development, sales, and leasing of electronic gaming equipment and systems, targeting steady expansion in Macau and overseas markets. The board believes this segment holds significant growth potential. PARADISE ENT is actively enhancing its product portfolio and seeking partnerships to strengthen its position in the gaming industry. Additionally, the group is exploring other business opportunities to diversify operations and mitigate risks.

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