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

Ben Blaschke by Ben Blaschke
Tue 17 Apr 2018 at 10:11

Paradise Entertainment

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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.

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Tags: Casino L’ArcLegend PalaceLive Multi GameMacauMGM CotaiParadise Entertainment GroupWynn Macau
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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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