TLDR Paradise Entertainment reported FY25 revenue of HK$834.4 million, down 23.1% from the previous year Net profit fell 63.5% to HK$139.4 million as gaming equipment sales dropped 45.3% The company launched Infernoplay, a new B2B online gaming brand using AI-enhanced titles Paradise is expanding into advisory services after its Macau satellite casino management contract ended New hardware products Black Coral and Speedwave are set to launch this year for physical casinos
Paradise Entertainment, the parent company of Macau gaming equipment supplier LT Game, posted a sharp decline in its FY25 results. Revenue came in at HK$834.4 million, a 23.1% drop compared to the prior year.
The company said revenue from the sale and leasing of electronic gaming equipment and systems fell 45.3% to HK$199.8 million. Net profit dropped 63.5% to HK$139.4 million.
Adjusted EBITDA declined 54.2% to HK$207.5 million. Management blamed softer product demand and the end of its satellite casino management services at Casino Kam Pek Paradise in Macau.
LT Game has long been known for its Live Multi-Game terminals on Macau casino floors. These machines allow casinos to add more gaming positions without exceeding Macau’s strict limits on live tables.
But with those core numbers sliding, Paradise Entertainment is now looking to new business lines and new markets to make up the difference.
Infernoplay and the Online Gaming Push
The biggest shift is the launch of Infernoplay, a B2B game content brand built on LT Game’s existing library. The plan is to repackage those titles for licensed online gaming operators around the world.
Paradise described the global online gaming market as poised for rapid growth. It pointed to stronger technology, wider game selection, and mobile internet adoption as driving forces.
Under the Infernoplay brand, the company is developing new games that integrate generative artificial intelligence.