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Paradise Entertainment and Tangiamo Sign Strategic Deal

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Paradise Entertainment and Tangiamo Sign Strategic Deal

Paradise Entertainment Limited and Tangiamo Touch Technology enter a new partnership that will see both expand their reach in the Asian and European markets.

The Two Companies Pursue Growth in Europe and Asia

Paradise Entertainment Limited is a company working on the development, sale, and leasing of electronic gaming equipment and systems. It also provides various casino management services in Macau. Now the company will expand its activities thanks to a new partnership with Tangiamo Touch Technology, a leading digital gaming solutions provider based in Sweden. Per the deal, the two parties will support each other’s distribution efforts in the European and Asian markets.

Tangiamo is a world leader in advanced land-based and digital gaming technology. This includes sensor technology, visual identification, and AI-driven systems for the gaming industry. Following the signing of the deal, Paradise Entertainment will gain access to Tangiamo’s MultiPLAY products and intelligent Automatic Dice Recognition (“iADR”) systems in key Asian gaming markets such as Macau and the Philippines.

Meanwhile, Tangiamo will expand its reach in the European market by using Paradise Entertainment’s innovative electronic gaming solutions. These will operate under the trademark of “LT Game” and will include Paradise Entertainment’s latest innovative products like Mori Dice and Dragon Tiger Baccarat.

Officials Talk About the Benefits of the Deal

By adding proven electronic gaming machines and systems from one of Macau’s most experienced gaming technology providers, Tangiamo will expand its product portfolio in Europe, according to CEO Chris Steele. Steele explained that the company is excited to partner with Paradise Entertainment Limited as they are a recognized leader in the Asian gaming industry.

“We can now offer our customers a complete range of electronic gaming solutions, increasing our revenue potential per installation. The combination of LT Game’s extensive game library and strong market presence with our technological innovations creates significant value for both companies.”

Chris Steele, chief executive officer, Tangiamo Touch Technology

The tie-up will allow Paradise Entertainment and LT Game to make a foray into Europe’s growing gaming markets. This entry will be underpinned by Tangiamo’s robust regulatory expertise and reliable sales channels.

The deal will also enhance LT Game’s Speedwave platform by the integration Tangiamo’s iADR technology.

According to LT Game COO Eddie Au, the combination of Tangiamo’s innovative gaming solutions and LT Game’s products is an excellent fit for the Asian markets. He explained that the company has extensive experience in Asia thanks to Live Multi Game systems and that LT Game sees strong potential for Tangiamo’s products in the area.

“At the same time, this partnership gives us valuable access to European markets through an established local player.”

Eddie Au, chief operating officer, LT Game

Au concluded that the partnership will give his team valuable access to European markets through an established local player.

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