Paradise Shifts Focus as Macau Closes Satellite Casinos

Paradise Entertainment is making a dramatic strategic pivot as Macau enforces the closure of satellite casinos by the end of 2025. With Casino Kam Pek Paradise accounting for 66% of its revenue, the loss is seismic. Chairman Jay Chun confirms a sharpened focus on the gaming equipment segment, bolstered by a new Philippines office and local assembly in Macau. Nearly 700 staff face uncertainty, and the company’s stock has dropped over 55% since the announcement. As regulatory pressure grows, Paradise’s long-term resilience now hinges on diversification, global expansion, and technology investment.