Amid all the doom and gloom being sprouted recently about the decline in Macau’s revenue growth over the past 12 months, a major milestone in the region’s development this week very nearly slipped under the radar.
Paradise Entertainment, parent company of gaming machine manufacturer LT Game, announced on Tuesday that they had sold 24 of its Live Multi-Game terminals to The Palazzo Las Vegas, as well as installing 78 new terminals at Grand Lisboa.
Given LT Game already has around 3,500 terminals in Macau right now, the addition of a few more at Grand Lisboa comes as no great surprise – but those 24 in Las Vegas are significant.
Finally, a Macau-based gaming manufacturer is supplying products to the United States rather than the other way around. When Macau’s gaming industry was liberalized a touch over 10 years ago it was very much a case of us opening the doors for American (and Australian) technology to pave the way forward, but Macau has learnt a lot in that time.
WGM Daily spoke to Betty Zhao, Chief Operating Officer of LT Game, about this latest achievement.
“When we started we were very much the small potatoes in the market, but LT Game persevered. It’s wonderful to now be able to export Chinese technology to the United States as well as to the traditional markets we already service here in Asia – it’s a great feeling,” she said.
The Palazzo’s terminals are in both Chinese and English so they serve both Asian and Western markets. Congratulations to LT Game and Paradise for being one of Macau gaming’s great innovators.