Paradise Entertainment Ltd to expand Southeast Asian market with LT Game slots
Paradise Entertainment Ltd., a manufacturer of casino games, intends to expand its market presence in Southeast Asian nations through the distribution of its LT Game-branded slot machines.
The Philippines has surpassed 23,000 slot machines to become the largest market in Asia for slot manufacturers; however, it is a highly competitive one. Paradise Entertainment is particularly interested in vast private gambling resorts located in Manila, the Entertainment City of the Philippines.
LT Game Ltd., a subsidiary of Paradise Entertainment, has gained significant recognition for its live multi-game electronic table game technology. This innovation merges a live dealer with reduced minimum wagering to faithfully replicate the experience of traditional table games. LT Game serves clients in Macau, North America, and Southeast Asia in addition to table games through its slot machines and cabinets, which feature the LTS1, J-curve, and RGX1000.
Despite acknowledging that the casino sector in Vietnam is comparatively less developed than that in the Philippines, the company continues to assess the opportunities that lie in that country. Another noteworthy market is Malaysia, where Resorts World Genting, the exclusive casino complex in the country, houses a considerable quantity of slot machines.
As a result of the COVID-19 pandemic impeding the company’s preparations to introduce its own slot products in other regions, LT Game North American employees were laid off. They have commenced sales and deployment operations once more in anticipation of market recovery.
Gaming machine manufacturers encounter a challenge in the Macau market due to the government’s 12,000-machine limit on the maximum number of machines that can be deployed simultaneously by the city’s six gaming concessionaires. To accommodate the preferences of international clients who frequently favor slot products, Paradise Entertainment anticipates that this restriction will be scrutinized and tightened by the government.
Original story by: GGRAsia