Scientific Game

Paradise off to strong start in 2018 with 364 new LMG terminals deployed

Tuesday, 17 April 2018 18:11
Share
Visit us

Macau’s Paradise Entertainment Group says it has already deployed 364 new Live Multi Game (LMG) terminals to the city’s casinos in 2018 – almost five times the number of terminals it deployed through all of 2017.

The group’s activities were detailed in its 2017 Annual Report, released on Tuesday, and follow a year in which Paradise deployed just 78 LMG terminals in total at peninsula properties Wynn Macau and Legend Palace. It had previously deployed 893 terminals at six properties in 2016.

Paradise issued its first deployment of 2018 on 13 February, with MGM Cotai installing 217 terminals for its grand opening. The following day, another 97 terminals were added at Casino Waldo – one of three Macau casinos under Paradise’s management.

The company also revealed that it has signed an agreement with a gaming service provider operating at Casino L’Arc for deployment of 50 LMG terminals under a revenue sharing arrangement for an initial term of three years.

Excluding the 1,291 terminals installed at the Macau casinos under its management, Paradise reported average daily GGR per terminal of HK$425 in 2017 but didn’t reveal the total number of terminals it currently has deployed in the Macau market.

 

What's new

SJM the latest to introduce eco-friendly new energy bus service

SJM the latest to introduce eco-friendly new energy bus service Sociedade de Jogos de Macau, S.A. (SJM) has become the latest Macau operator to introduce a new energy shuttle bus service. The buses will begin operations in May, with the number of new energy buses to be increased in phases. In its announcement, SJM said the introduction of the buses “demonstr... Friday, 20 April 2018 07:33

VIDEO - Week in Review

VIDEO - Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week. Friday, 20 April 2018 07:27

Aquis boss accuses ACT government of 17-month silence

Aquis boss accuses ACT government of 17-month silence The CEO of Hong Kong’s Aquis Entertainment Limited has accused the Australian Capital Territory government of leaving it in the dark for 17 months over an AU$330 million Canberra Casino development proposal. The accusation follows an ultimatum issued by the government earlier this week giving Aqu... Friday, 20 April 2018 07:18

“Protectionism” harming Macau non-gaming growth: scholar

“Protectionism” harming Macau non-gaming growth: scholar A respected Macau scholar says protectionist policies aimed at supporting locals are in fact harming the government’s own efforts to grow the city’s international tourism appeal. Professor Glenn McCartney, Acting Associate Dean, Faculty of Business Administration at the University of Macau, out... Friday, 20 April 2018 07:06

Current Issue

G2E ASIA AWARDS to debut in 2018

G2E ASIA AWARDS to debut in 2018 Inside Asian Gaming and G2E Asia will co-organize the inaugural G2E Asia Awards in 2018 – the official awards of Asia’s biggest industry  trade show and exhibition, G2E Asia. In an exciting development for the Asian gaming industry, Inside Asian Gaming and G2E Asia announced in March that they... Wednesday, 04 April 2018 14:07

Indian Dreaming: Tiger Palace putting Nepal in the game

Indian Dreaming: Tiger Palace putting Nepal in the game By Ben Blaschke The first integrated resort to be built in South Asia, Tiger Palace Resort in Nepal’s lowland Terai plains sits just eight kilometers from the border with India’s most populous state Uttar Pradesh, home to some 215 million people. At US$52 million it also represents a fascinatin... Wednesday, 04 April 2018 14:12

Digital Danger

Digital Danger As the world becomes increasingly digital, the world’s casino operators are taking cyber security more seriously than ever before. But as leading risk mitigation company Kroll explains, risks remain – and not always where you might expect.  By Ben Blaschke AS cautionary tales go, the downfall... Wednesday, 04 April 2018 14:09

Gaming development outlook along the Belt and Road

Gaming development outlook along the Belt and Road Michael Zhu, SVP of International Planning and Analysis for The Innovation Group, delves into the benefits that Chinese President Xi Jinping’s “One Belt and One Road” initiative will bring to Asia’s gaming industry. By Michael Zhu PRIOR to the current recovery of Macau’s gaming malaise, ... Wednesday, 04 April 2018 14:08