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Paradise Partners in Japan

Paradise Entertainment is reported to be partnering with a Japanese company to develop slot machines via its LT Game subsidiary.

The joint venture, dubbed LT Game Japan, will be based in Tokyo, according to news reports.

The name of the Japanese partner was not disclosed.

Hong Kong-listed Paradise is the monopoly supplier via LT Game of live-dealer electronic table games in Macau, and is expanding elsewhere in Asia and worldwide.

Paradise also has a comprehensive agreement in place with International Game Technology that calls for the transfer to IGT of all of its e-table technology, patents and other intellectual property outside of Macau.

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