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Paradise Entertainment ( (HK:1180) ) just unveiled an announcement.
Paradise Entertainment Limited announced that it will cease providing casino management services to SJM Resorts at Casino Kam Pek Paradise in Macau starting December 2, 2025. The company is shifting its strategic focus towards expanding its electronic gaming equipment and systems segment, which it sees as having significant growth potential. Paradise Entertainment is also exploring new business opportunities to diversify its operations and reduce risks, aiming to strengthen its position in the gaming industry.
The most recent analyst rating on (HK:1180) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Paradise Entertainment stock, see the HK:1180 Stock Forecast page.
More about Paradise Entertainment
Paradise Entertainment Limited is a company incorporated in Bermuda, focusing on the gaming industry. It specializes in the development, sale, and leasing of electronic gaming equipment and systems, with operations in Macau and international markets.
Average Trading Volume: 949,357
Technical Sentiment Signal: Sell
Current Market Cap: HK$757.6M
See more data about 1180 stock on TipRanks’ Stock Analysis page.