Key Highlights
- Jay Chun’s ownership in Paradise Entertainment climbed to 65.36% from 60.00% since late March.
- The chairman executed 54 separate transactions between March and June.
- Investment in additional shares totaled approximately HK$32.88 million (US$4.2 million).
- Share price climbed from a 2025 low of HK$0.435 on March 24 to HK$0.770 by late June.
- The company experienced a 63.5% profit decline in 2025 following its Macau satellite casino shutdown.
Jay Chun, who serves as chairman and managing director of Paradise Entertainment, has substantially expanded his ownership position in the Hong Kong-listed gaming enterprise.
Regulatory filings submitted to the Hong Kong stock exchange reveal his long position has reached 65.36%. This represents a notable increase from the 60.00% stake he held on March 27.
The expansion resulted from an extended acquisition campaign. Chun completed 3 transactions in late March, followed by 18 purchases in April, another 18 in May, and an additional 15 during June.
Methodical Acquisition Strategy
While individual transactions were relatively modest in size, the cumulative effect produced a substantial increase in his controlling position.
Chun’s total investment in these acquisitions reached approximately HK$32.88 million, equivalent to around US$4.2 million.
The acquisition campaign unfolded during a period when shares traded near annual lows. Several purchases occurred as the stock began showing signs of recovery.
Share Price Momentum
Paradise Entertainment’s stock touched a yearly bottom of HK$0.435 when markets closed on March 24. This timing coincided with the imminent release of the company’s 2025 financial statements.
Those financial reports revealed a 63.5% year-over-year decline in net profit. The company concluded 2025 with earnings of HK$139.4 million.
The profit contraction stemmed primarily from shuttering the company’s Macau satellite casino operation. This closure resulted from new regulatory frameworks implemented in the territory.
Following the March trough, the stock has demonstrated consistent upward momentum. Trading concluded at HK$0.770 on June 26.
This valuation represents approximately 77.0% appreciation from the March nadir.
Paradise Entertainment operates as the parent organization of LT Game, a Macau-headquartered manufacturer of electronic gaming systems. The organization has been diversifying its product portfolio in recent periods.
The company has also pursued geographic diversification beyond Macau. Recent announcements indicated that one of its subsidiaries secured approved manufacturer status in Singapore.
This regulatory approval provides access to another significant regional gaming market. The development aligns with corporate efforts to mitigate revenue losses from the satellite casino closure.
Chun’s persistent share acquisitions occurred throughout this transitional phase. The sustained buying activity demonstrates confidence in the company’s prospects despite temporarily depressed valuations.
His enhanced ownership position of 65.36% strengthens his influence over corporate decision-making and strategic direction.
Paradise Entertainment has dedicated recent months to operational restructuring following the Macau facility closure. Simultaneously, management has prioritized establishing footholds in emerging gaming jurisdictions.
The Singapore manufacturing certification represents the most recent milestone in this strategic pivot. It reflects the company’s broader initiative to pursue revenue streams beyond its traditional market base.
According to the latest regulatory disclosures, Chun’s ownership stands at 65.36%, with his most recent documented purchase occurring during the week ending June 22.
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