Paradise Entertainment Limited · HKEX:1180
Paradise Entertainment — H1 2025 Earnings Presentation
28 slides from Paradise Entertainment's earnings presentation, Aug 27, 2025
Slide 1: 2025 Interim Results Presentation
Paradise Entertainment Limited (Incorporated in Bermuda with limited liability) 1180.HK 2025 Interim Results Presentation 1
Slide 2: Agenda
Agenda 1 About Paradise Entertainment 2 2025 Interim Results 3 Casino Management Services 4 Electronic Gaming Equipment and Systems 5 Key Dates For 2025 Interim Dividend 6 Contacts Information 2
Slide 3: About Paradise Entertainment
1 About Paradise Entertainment Gaming Innovation 3
Slide 4: About Paradise Entertainment – Casino Management Services
1 About Paradise Entertainment Casino Management Services Including 10 gaming tables connected to 30 Gaming Tables approximately 1,000 Live Multi Game terminals Provider of Casino Management Services at Casino Kam Pek Paradise to SJM Resorts, Limited in Macau 4 Remark: The related service contract w
Slide 5: Electronic Gaming Equipment and Systems
1 About Paradise Entertainment Electronic Gaming Equipment and Systems Live Multi Game (“LMG”) Systems Electronic Table Game (“ETG”) Machines GameView Personal Slot Machines GameView 5 55
Slide 6: Pain Points in Macau
1 About Paradise Entertainment Pain Points in Macau Rising Rising in Minimum Bets Cap on Labour Costs Tables/Machines For Tables HK$500+ June 2025: 6,000 Gaming Tables HK$1,000+ per hand +2.4% YoY* 12,000 Gaming Machines HK$2,000+ *Source: According to DSEC of the Macau government, average earnings
Slide 7: Our Flagship Product – LMG in Macau
1 Our Flagship Product – LMG in Macau Enhancing Big 6 Operational Casino Efficiency Operators In Casinos 20+ ~6,000 LMG Casino in Operation Venues 1H2025 LMG Lower Multi Games Gross Gaming Minimum in Single Revenue Bets Terminal (“GGR”) in Macau 7 +22.5% yoy
Slide 8: 2025 Interim Results
2 2025 Interim Results 8
Slide 9: 2025 Interim Results Summary – the Group
2 2025 Interim Results Summary – the Group 1H2025 1H2024 YoY Reported Revenue (HK$’m) 507.9 425.3 +19.4% Adjusted EBITDA (HK$’m) 211.8 147.7 +43.4% Profit for the Period (HK$’m) 177.8 119.4 +48.9% Basic Earnings Per Share 16.4 11.0 +49.1% (HK cents) Interim Dividend Per Share 7.5 5.0 +50.0% (HK cent
Slide 10: Key Highlights of 2025 Interim Results – Revenue
2 Key Highlights of 2025 Interim Results – Revenue Casino Management Services Electronic Gaming The Group Equipment and Systems GGR Reported Revenue （HK$’m） （HK$’m） +7.2% Revenue 507.9 651.7 698.9 （HK$’m） +19.4% +83.7% 425.3 1H2024 1H2025 Revenue from Casino 68.2 125.3 Management Services (HK$’m） +7
Slide 11: Key Highlights of 2025 Interim Results – Adjusted EBITDA
2 Key Highlights of 2025 Interim Results – Adjusted EBITDA The Group （HK$’m） Electronic Gaming Equipment Casino Management Services 211.8 （HK$’m） and Systems (HK$’m) +43.4% 147.7 +18.6% +335.7% 143.8 170.5 11.2 48.8 1H2024 1H2025 1H2024 1H2025 1H2024 1H2025 11
Slide 12: Key Highlights of 2025 Interim Results – Balance Sheet
2 Key Highlights of 2025 Interim Results – Balance Sheet Strong Cash Position and Low Gearing Ratio Bank Balances and Cash (HK$’m） Outstanding Net Cash Indebtedness （HK$’m) +7.3% 417.8 (HK$’m) Gearing Ratio +25.5% 389.2 291.7 -19.5% 232.5 -7.6pp 156.7 126.1 29.0% 21.4% 2024.12.31 2025.06.30 2024.12.
Slide 13: Key Highlights of 2025 Interim Results – Dividends
2 Key Highlights of 2025 Interim Results – Dividends Dividend Payout （Dividends Over Profit for the Period） （HK$’m） Net Profit: 262.5 Total Dividend % of Net Dividend Per Share Profit (HK cents) Amount 11.0 Final 115.7 (HK$’m) Dividend： Net Profit: 177.8 115.7 1H2024 5.0 52.6 44.1% Interim Net Profi
Slide 14: Casino Management Services
3 Casino Management Services 14
Slide 15: Casino Management Services – High Gaming Table Yield
3 Casino Management Services – High Gaming Table Yield Casino Kam Pek Paradise 1H2025 1H2024 YoY GGR by Types Average No. of Gaming Tables in Operation 30 30 / 3.9% 3.4% Total GGR HK$698.9m HK$651.7m +7.2% Traditional Gaming Tables 59.2% 62.9% GGR/table/day HK$65,000 HK$66,000 -1.5% LMG Gaming Table
Slide 16: Casino Management Services – Effective Cost Control
3 Casino Management Services – Effective Cost Control Casino Kam Pek Paradise 2019 2020 2021 2022 2023 2024 1H2024 1H2025 GGR (HK$’m) 1,270.2 556.6 761.7 490.9 1,033.6 1,313.1 651.7 698.9 Adjusted EBITDA (HK$’m) 310.4 162.8 170.5 141.5 143.8 42.3 -42.7 -38.0 2019 2020 2021 2022 2023 2024 1H2024 1H20
Slide 17: Electronic Gaming Equipment and Systems
4 Electronic Gaming Equipment and Systems 17 17
Slide 18: Increasing Demands in Electronic Gaming Equipment and Systems
4 Increasing Demands in Electronic Gaming Equipment and Systems Revenue in 1H2025: ➢ Macau - HK$125.0m Revenue • Sale of LMG terminals, slot machines and ETG machines; (HK$’m) • Sale of other gaming equipment and systems; 125.3 • Provision of upgrading services to LMG terminals and other services; a
Slide 19: Increasing Demands in Electronic Gaming Equipment and Systems
4 Increasing Demands in Electronic Gaming Equipment and Systems Adjusted EBITDA (HK$’m) • Adjusted EBITDA of HK$48.8m in 1H2025 156.4 • Adjusted EBITDA margin* increased to 5.4 48.8 38.9% (1H2024: 16.4%) 187.8 -21.2 -53.6 -14.8 11.2 93.9 -71.6 70.4 • A new R&D studio has been set up in Taiwan -7.6 3
Slide 20: Increasing Demands in Electronic Gaming Equipment and Systems
4 Increasing Demands in Electronic Gaming Equipment and Systems Research & Design Value Chain April 2025: Opening of New Assembly Line in Macau Product Development Sale & After Sale Casinos Lower Shorten Production Support Macau Accurate Delivery Production Costs Lead Time Local Production 20
Slide 21: Upgrading Gaming Equipment and Systems
4 Upgrading Gaming Equipment and Systems VISTA RIPPLE HRT BLACK CORAL New “LMG” Version to launch soon ❖ Personalize themes to suit operational needs Introducing the latest generation of LMG systems, integrating AI technology ❖ Creating a tailored-made experience for patrons to assist player in deci
Slide 22: Diversified Games Meet Market Demands
4 Diversified Games Meet Market Demands 22
Slide 23: Positive Outlook for Electronic Gaming Equipment and Systems
4 Positive Outlook for Electronic Gaming Equipment and Systems Increase Future Penetration Expanding Increase in North From Existing Penetration America New Deployment Electronic into Asia of LMG, Gaming Regions ETG and Equipment Slot and Systems* Machines in Macau HK$125.3m 1H2025 Revenue From Reve
Slide 24: Actively Expanding into Overseas Markets
4 Actively Expanding into Overseas Markets The Addressable Market – Our Current Footprint Laos 6 Macau 5 USA 1 Vietnam 3 Sri Lanka 2 The Philippines 4 More and More Markets to Penetrate… Malaysia 24
Slide 25: Growing Market Penetration in Macau
4 Growing Market Penetration in Macau Macau Gross Revenue From Macau Gross Revenue From Live Multi Game Game of Fortune 1H2025: +4.4% yoy (MOP’m) 1H2025:+22.5% yoy 292,455 (MOP’m) 1,140 1,214 1,264 1,069 226,782 906 798 183,059 709 1,132 695 737 743 665 482 954 367 333 113,753 118,771 300 328 340 28
Slide 26: Key Dates For 2025 Interim Dividend
5 Key Dates For 2025 Interim Dividend Book Close Period Declaration Payment 17-19 27 August 2025 15 October 2025 September 2025 * Ex-dividend date: 15 September 2025 26
Slide 27: Contacts Information
6 Contacts Information Hong Kong Office Unit C, 19F, Entertainment Building, 30 Queen’s Road Central, Hong Kong SAR Tel: (852) 2620 5303 Corporate Strategy & Investor Relations Macau Office Suite 1207, 12F, Macau Landmark, No. 555 Avenida da Amizade, Macau SAR Leo Chan – Chief Financial Officer and
Slide 28: Disclaimer
Disclaimer This document has been prepared by Paradise Entertainment Limited (abbreviated as “Paradise” or the “Company”) for the sole purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or to form any bas
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