Landmark approval as Hong Kong-listed casino gaming supplier eyes growth in Singapore
Paradise Entertainment has secured regulatory approval as a casino gaming manufacturer in Singapore.
The company’s LT Smart subsidiary has secured approval from the Gambling Regulatory Authority of Singapore, representing a significant milestone in the group’s expansion journey.
With Singapore now added to its portfolio of regulated jurisdictions, Paradise said that it is well‑positioned to “accelerate regional expansion, foster collaborations, and showcase its innovation leadership on the international stage”.
“We are excited to receive this approval in Singapore, which affirms our capabilities and commitment to innovation and compliance,” said Paradise Entertainment chairman and managing director Dr. Jay Chun. “Being granted Approved Manufacturer status here opens exciting opportunities for growth and collaboration, and we look forward to building on this achievement to deliver sustainable value for our shareholders, trusted solutions for our partners, and world‑class entertainment experiences for players across the region.”
Shares in Paradise Entertainment Ltd (HKG:1180) closed 1.30 per cent higher at HK$0.78 per share in Hong Kong Monday.