Will Paradise Go for Macau Gaming License?

Sat, Jul 21, 2018

Paradise Entertainment Group, led by Jay Chun (l.), may apply for a gaming concession in Macau when the existing Big 6 license concessions expire starting in 2020. The company will not make a decision until it gets more details.

Will Paradise Go for Macau Gaming License?

Jay Chun’s Paradise Entertainment Group may apply for a Macau gaming concession when the current six concessions expire between 2020 and 2022. According to Inside Asian Gaming, Paradise Investor Relations Manager Bob Shen said the company hopes its presence will strengthen the competitiveness of the Macau market.

Paradise currently provides management services to four casinos in Macau: two under the SJM Holdings license; one under the Galaxy Entertainment Group license, and an electronic gaming hall at Casino Lisboa.

Paradise is also a manufacturer of electronic table games and had a monopoly for several years in Macau.

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