Macau casino junket investor Tak Chun Group has confirmed to GGRAsia it now has 15 VIP clubs in the market with the opening on Tuesday of a venue at The Plaza Macao, a casino property promoted by Sands China Ltd at the Four Seasons Hotel Macao (pictured).
According to promotion materials for the firm posted on Chinese-language social media, the new Tak Chun VIP club at The Plaza Macao features 12 gaming tables in four rooms. The junket promoter will have an opening ceremony for the facility on February 25.
Tak Chun additionally confirmed to GGRAsia that the group expected to add to its Macau VIP club tally this year, but it declined to say where.
In November, brokerage JP Morgan Securities (Asia Pacific) Ltd identified Tak Chun as among five junket operators due to launch new VIP clubs at MGM Cotai, the new property of Macau gaming operator MGM China Holdings Ltd. MGM Cotai is opening to public on February 13, and the hotel of the resort complex is receiving its first guests on February 14.
Feb 16, 2018Due to the Chinese New Year holiday, the GGRAsia team will be off between February 16 and 19. We will be back on February 20. We wish all our readers a prosperous Year of the Dog!
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”A challenge to Macau's economic model could potentially emerge over the longer term should China revise existing criminal laws that prohibit most forms of gambling in the mainland... Even in such a scenario, Fitch would expect this to occur gradually”
Fitch Ratings Inc