• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 9 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

2022 Asian Gaming Power 50: Number 49 – Jay Chun

Newsdesk by Newsdesk
Thu 10 Nov 2022 at 16:18
2022 Asian Gaming Power 50: Number 49 – Jay Chun
11
SHARES
267
VIEWS
Print Friendly, PDF & Email

CHAIRMAN AND MANAGING DIRECTOR
Paradise Entertainment Ltd

POWER SCORE: 548
POSITION LAST YEAR: 45

CLAIMS TO FAME

  • Founder of Macau gaming equipment manufacturer LT Game
  • Heads up MGS organizer the Macau Gaming Equipment Manufacturers Association (MGEMA)

JAY CHUN has long been a leading figure within Macau’s gaming industry, playing a key role in the development of Live Multi-Game terminals under the company he founded, LT Game, and establishing the Macao Gaming Show (MGS) as a competitor to US-run G2E Asia.

But the past three years have presented challenges even he could never have seen coming, none more evident than in 2022.

Reporting an Adjusted EBITDA loss of HK$64.4 million (US$8.2 million) for the first six months of the year, Paradise saw its total revenue fall by almost 30% with both its share from the provision of casino management services at Casino Kam Pek and the sale and leasing of electronic gaming equipment and systems showing significant declines.

While the prospective easing of pandemic-related restrictions could ease those concerns, of greater interest is an addition to Macau’s revised gaming law prohibiting casino management firms from engaging in revenue share agreements with concessionaires.

Chun’s Paradise Entertainment ceased providing management services to one of its two casinos, Casino Waldo, in 2020 but has stated its intention to continue operating Kam Pek beyond 2022 under the license of SJM Resorts.

The ability of Paradise to do so may well play a critical role in determining its long-term profitability.

For the full list of 2022 Asian Gaming Power 50 winners, click here.

Tags: Current IssueJay ChunMGEMAMGSParadise Entertainment Ltd
Share4Share1
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Knife’s edge

Editorial – Knife’s edge

by Andrew W Scott and Ben Blaschke
Tue 29 Apr 2025 at 15:14

Thailand’s Entertainment Complex journey is at a critical point, with the success or failure of the initiative to be determined...

The changing face of Macau

The changing face of Macau

by Ben Blaschke
Tue 29 Apr 2025 at 15:09

Inside Asian Gaming takes a deep dive into the new, post-COVID Macau where a revenue environment that seems to be...

Born again

Born again

by Pierce Chan
Tue 29 Apr 2025 at 14:47

Premiering in September 2010 at City of Dreams, The House of Dancing Water was a visionary creation by artistic maestro...

Richard Howarth – Testing the limits

Richard Howarth – Testing the limits

by Ben Blaschke
Tue 29 Apr 2025 at 13:17

Richard Howarth, Chief Business Officer APAC for global testing laboratory GLI, discusses his career journey and his passion for fast-paced...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

The 2024 Asian Gaming Power 50

The 2024 Asian Gaming Power 50

by Andrew W Scott
Tue 12 Nov 2024 at 17:04

Long established as the definitive list of the most influential figures and personalities in the regional industry, IAG’s Asian Gaming Power 50 celebrates its 17th anniversary in 2024. It is now 16 years since Inside Asian Gaming first published the...

The 2024 Asian Gaming Power 50 List

2024 Asian Gaming Power 50: Meet the panel

by Newsdesk
Tue 12 Nov 2024 at 16:39

IAG introduces the seven members of the judging panel who have determined this year’s Asian Gaming Power 50 list. Andrew is a gaming industry expert and media publisher, commentator and advisor. He has 38 years industry experience and has lived...

The 2024 Asian Gaming Power 50 List

The 2024 Asian Gaming Power 50 List

by Newsdesk
Tue 12 Nov 2024 at 16:28

RANK POWER SCORE NAME TITLE ORGANIZATION 1 5,698 FRANCIS LUI VICE CHAIRMAN Galaxy Entertainment Group 2 4,489 ROBERT GOLDSTEIN CHAIRMAN AND CEO Las Vegas Sands 3 4,421 PANSY HO CHAIRPERSON AND EXECUTIVE DIRECTOR MGM China 4 4,412 LAWRENCE HO CHAIRMAN...

2024 Asian Gaming Power 50: Number 4 – Lawrence Ho

2024 Asian Gaming Power 50: Number 1 – Francis Lui

by Newsdesk
Tue 12 Nov 2024 at 16:27

CLAIMS TO FAME Built Galaxy into Macau’s de facto local gaming champion Continuing to build out largest single land plot in Cotai via Galaxy Macau Holds strategic stakes in Monte Carlo casino operator SBM and Wynn Resorts It’s been quite...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English