Hong Kong – October 4, 2016 – Paradise Entertainment Limited (SEHK: 1180) (“Paradise” or “the Company”) announced that its subsidiary LT Game Limited (“LT Game”), a Macau’s leading electronic gaming solutions provider, has signed an exclusive agreement with Inspired Gaming (UK) Limited (“Inspired”), the leading provider of Virtual Sports, Mobile Games, Server-Based Gaming system and Video Lottery, whereby Inspired will offer Virtual Sports on LT Game’s Electronic Table Game (“ETG”) terminals in Macau and LT Game will become the exclusive distributor of Inspired’s Virtual Sports in Macau.
Inspired’s deployment of its market leading Virtual Sports to LT Game’s ETG self-service terminals will be the first deal of its kind in Macau. The Virtual Sports products will be gradually made available to LT Game. Virtual Horse Racing will be the first game to be released, followed by Rush Football and Rush “Tyson” Boxing.
“LT Game is firmly committed to the growth and success in electronic gaming development, and we are thrilled to work with Inspired, the global leader in Virtual Sports development, to enrich our gaming product categories,” said Jay Chun, Chairman and Managing Director of the Company. “We continuously strive to bring in new gaming concepts to casino operators, to drive play with captivating content, and to offer our players the most cutting-edge gaming experiences. We are
Paradise Entertainment Limited (SEHK: 1180) – Press Release 20161004
confident that the partnership between LT Game and Inspired will energize us to achieve all these goals.”
Year to date, LT Game has deployed over 890 Live Multi Gaming (“LMG”) units in Macau and 260 units in overseas market. The company has totally installed over 4,500 LMG units among 22 Macau land-based casinos.
Steve Rogers, CCO Digital Games, Inspired commented: ‘LT Game is a respected operator in the Macau Casino market, and this deal is an important one for Inspired as we continue to grow our global footprint in Virtual Sports deployment. I have no doubt that players will be impressed by the quality of the product, and I look forward to working with LT Game to further build our product portfolio with them in the future.’
Paradise Entertainment Limited (SEHK: 1180)
Paradise Entertainment Limited (SEHK: 1180) is listed on the main board of the Hong Kong Stock Exchange. The Group is principally engaged in the development, provision and sales of electronic gaming systems and the provision of casino management services.
For more information about Paradise Entertainment Limited, please visit our website:
http://www.hk1180.comor follow us on Linkedin: https://www.linkedin.com/company/lt-game-ltd
Inspired Gaming Group
Inspired is a global games technology company, supplying Virtual Sports, Mobile Gaming and server-based gaming systems with associated terminals and digital content to regulated betting and gaming operators around the world. Inspired currently operates more than 25,000 digital gaming terminals and supplies its Virtual Sports products in more than 30,000 venues and on over 200 websites in 30 countries. Inspired employs over 800 employees in the UK and elsewhere, developing and operating digital games and networks.
Additional information can be found at www.inspiredgaminggroup.com
Contacts
Bryan Wu
Investor Relations Manager Paradise Entertainment Limited
(852) 2916 0817 or [email protected]
Elinor Fewster
Director of Communications Inspired Gaming Group
t: +44 20 7456 9016 | m: +44 7973808951
[email protected] Paradise Entertainment Limited (SEHK: 1180) – Press Release 20161004
