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Tak Chun unlikely to pursue Macau gaming license, David Group undecided

Ben Blaschke by Ben Blaschke
Wed 14 Nov 2018 at 07:11
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The CEO of leading Macau junket operator Tak Chun Group, Levo Chan, says the company has no intention of pursuing a Macau casino license once the SAR’s re-tendering process gets underway. But fellow junket operator David Group is playing it by ear.

Responding directly to a question about the possibility of pursuing a casino license once the opportunity is put out for tender in the coming years, David Group Vice-Chairman and Executive Director Weena Sae-Kee said, “Our company is still observing as we haven’t received any notice from the government.”

Director of Macau’s Gaming Inspection and Coordination Bureau (DICJ), Paulo Martins Chan, had earlier in the day offered no insight into when the gaming regulator would provide details on the re-tendering process, despite expiry of the concessions held by SJM and MGM looming in March 2020.

It has been rumoured that Macau’s number one junket operator, Suncity Group, is planning to bid for a license, however Tak Chun CEO Levo Chan ruled out any chance of his company doing the same.

“Tak Chun at this stage does not intend to apply for a casino licence in Macau,” he said.

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Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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