Paradise Entertainment Limited · HKEX:1180

Paradise Entertainment — H1 2015 Earnings Presentation

12 slides from Paradise Entertainment's earnings presentation, Aug 28, 2015

  1. Slide 1: Paradise Entertainment Ltd 2015 Interim Results Presentation

    Paradise Entertainment Ltd 匯彩控股有限公司 (1180.HK) 2015 Interim Results Presentation 28th August 2015

  2. Slide 2: 1H15 Results Highlights

    1H15 Results Highlights  1H15 reported revenue decreased to HKD571.1 million (-6.4% yoy)  Gaming system increased to HKD114.0 million (+42.5% yoy) due to higher revenue-sharing LMG contribution  Casino services revenue decreased to HKD457.1 million (-13.8% yoy) due to lower GGR at Casino Kam Pek

  3. Slide 3: 1H15 Results Analysis

    1H15 Results Analysis HK$M 1H15 1H14 Change (%) Remarks Revenue 571.1 610.4 (6.4%) Gaming system 114.0 80.0 42.5% Higher number of LMG machines deployed Casino service 457.1 530.4 (13.8%) Mainly due to visitation drop in Casino Kam Pek and longer-than-expected ramping up of Casino Waldo Gross profit

  4. Slide 4: 1H15 Results Analysis – Segments

    1H15 Results Analysis – Segments Segments analysis (HK$ Thousand) 1H14 2H14 1H15 HoH Chg % YoY Chg % Business Segments Turnover Gaming System 80,017 80,066 114,030 42.42% 42.51% Casino Service 530,430 501,775 457,050 -8.91% -13.83% 610,447 581,841 571,080 -1.85% -6.45% Segment Adjusted EBITDA Gaming

  5. Slide 5: Segment Results – Gaming System

    Segment Results – Gaming System LMG machine installation 2011 2012 2013 2014 1H2015  A significant machine installation growth in 2012 230 and 2013 due to 1st phase of casino opening in Cotai 206 154 1,510  736 and 462 machines 251 1,096 1,664 884 installed among 8 newly open flagship casinos in 7

  6. Slide 6: Segment Results – Casino Service GGR Analysis

    Segment Results – Casino Service GGR Analysis Casinos under management GGR Summary (HK$ Million) Casinos 1H14 2H14 1H15 HoH Chg % YoY Chg % Kam Pek Paradise 802.4 775.0 710.7 -8.3% -11.4% Waldo 255.5 240.6 219.5 -8.8% -14.1% MJC (Opened in 05/2014) 1.7 14.6 19.8 35.6% Nil Lisboa (LMG Hall) 17.3 15.3

  7. Slide 7: Segment Results – Casino Service GGR Analysis (Cont’d)

    Segment Results – Casino Service GGR Analysis (Cont’d) HK$ M Kam Pek GGR Breakdown HK$ M Waldo GGR Breakdown 900 42 300 800 37.2 700 250 0.3 600 503.1 200 500 402.8 400 150 300 253.4 193.9 1H15 GGR Breakdown 100 200 100 257.3 270.8 50 0 25.2 0 2.2 1H14 1H15 1H14 1H15 Slot Table LMG Slot Table LMG 22

  8. Slide 8: Milestones Achieved in 1H15

    Milestones Achieved in 1H15  Gaming systems  Deployed 170 LMG machines in Macau (Grand Lisboa and Galaxy Macau Phase II)  Successfully completed 24-machine trial run at Palazzo, Las Vegas  Secured approval to sell LMG machine from Nevada Gaming Control Board. Installation at various Las Vegas’ c

  9. Slide 9: Outlook

    Outlook  Two-pronged growth strategy in Macau  A diverse product portfolio  New products roll-out, i.e. E-Baccarat table and Fast Betting Machine (Double 32), to smoothen sales volatility from a single product. Trial run to begin in 2H15  Introduction of LMG6 (hardware and software refresh) to r

  10. Slide 10: Outlook – Gaming System

    Outlook – Gaming System Introduction of New Products E-baccarat Table Fast Betting Machine (Double 32) Personal Dice eDrop Machine Intelligent Cash Access Machine VIP Infill Terminal 10

  11. Slide 11: Contact Information

    Contact Information Hong Kong Office Investor Relations Unit C, 19/F., Entertainment Building, Bryan Wu, Investor Relations Manager 30 Queen’s Road Central, Hong Kong bryanwu@hk1180.com SAR (852) 2916 0817 / 9168 6118 Tel: (852) 2620 5303 Fax: (852) 2620 6000 Peggy Ma, Investor Relations Officer peg

  12. Slide 12: Paradise Entertainment Ltd. (1180.HK)

    Paradise Entertainment Ltd. 匯彩控股有限公司 (1180.HK) 12

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