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2024 Asian Gaming Power 50: Number 49 – Jay Chun

Newsdesk by Newsdesk
Mon 11 Nov 2024 at 18:53
2024 Asian Gaming Power 50: Number 49 – Jay Chun
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CLAIMS TO FAME

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

Jay Chun returns to the Asian Gaming Power 50 this year after his Macau-based Paradise Entertainment Ltd booked its best 12 months since the start of the pandemic. Paradise runs as both an operator via a management contract with SJM for Casino Kam Pek Paradise on the Macau peninsula and as a supplier through LT Game. It had previously managed Casino Waldo as well before cutting that contract loose in 2020. Both segments showed significant year-on-year improvement in the 12 months to 30 June 2024, helping Paradise to a 72% increase in revenue to HK$425.3 million (US$54.5 million).

LT Game’s historic strength has come via the development of Live Multi-Game terminals which continue to flourish on Macau’s gaming floors, and the company recently outlined a series of upgrades that will incorporate a new user interface and greater ability to upload new side bet options – no doubt in response to the impact smart gaming tables have made to the traditional gaming table offering in Macau.

It has also announced plans to open a Philippines office to take advantage of Asia’s most exciting growth market. The office will not only serve as a base to showcase its LMG terminals, but to try and sell its “Street Steel” slot machine title – recently revamped after the original version debuted at Chun’s MGS Entertainment Show in 2023.

Time will tell whether his efforts to grow the LT Game pie outside of Macau prove successful.

For the full list of 2024 Asian Gaming Power 50 winners, click here.

Tags: Current IssueJay ChunLT GameMGS ENtertainment ShowThe 17th Asian Gaming Power 50 2024
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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.

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