Paradise Entertainment has received approval to supply gaming products to Singapore’s regulated casino sector, marking a further step in the Macau-based supplier’s international expansion.
The company said its subsidiary LT Smart (Singapore) has been granted Approved Manufacturer status by Singapore’s Gambling Regulatory Authority. This allows LT Smart to provide gaming products to licensed casino operators in Singapore, one of Asia’s most tightly-regulated casino markets.
Paradise Entertainment said the authorisation strengthens its position with regulators, investors and commercial partners, while creating opportunities for further collaboration outside Macau.
Jay Chun, Chairman & Managing Director, said the approval reflects the company’s focus on innovation and compliance: “We are excited to receive this approval in Singapore, which affirms our capabilities and commitment to innovation and compliance.
“Being granted Approved Manufacturer status here opens exciting opportunities for growth and collaboration.”
Paradise Entertainment has been seeking to diversify following the end of its casino management operations in Macau’s satellite casino sector. The company is historically associated with gaming technology, electronic table games and casino equipment supply in Macau and other Asian markets. Singapore approval gives the group access to a high-value casino jurisdiction dominated by two integrated resorts, Marina Bay Sands and Resorts World Sentosa.
The move comes as Asian casino suppliers continue to look beyond Macau for growth, with regulated markets placing increased emphasis on approved manufacturing status, technical compliance and equipment certification.
