Scientific Game

2017 Inside Asian Gaming Power 50: Number 23 - Levo Chan

Tuesday, 05 December 2017 13:43
Visit us

23 Levo Chan

Tak Chun Group



• A Macau junket veteran, having started in the 1990s before liberalization
• Opened first VIP room in StarWorld, the StarWorld Tak Chun VIP Club, in 2007

It’s been a good year for Macau’s junkets. Fresh from reports – usually from foreign media outlets with little or no on-the-ground experience – that VIP gaming was on its deathbed, the industry has instead surged in 2017 with revenue up by double digits for the past 12 months and a peak of 36% in October.

Leading the charge have been none other than Macau’s “Big 3” junkets – Suncity, Rich Goldman (formerly Neptune Group) and of course Tak Chun, who have wasted no time in seizing the opportunity by increasing their market share.

Tak Chun boss Levo Chan has been the driving force behind his group’s strategy in this regard, noting the company had decided to ramp up operations rather than winding them down when the squeeze came.

 “Take the current situation of Macau’s gaming industry as an example,” he said in an interview with IAG CEO Andrew W Scott in 2016. “Macau’s gaming industry has now declined compared with a few years ago. Faced with this dilemma, many VIP Clubs chose to reduce business to remain in operation but Tak Chun hasn’t reduced its business, instead we have set up new VIP Clubs in Altira and Galaxy Phase 2 – constantly expanding our offering.”

Tak Chun has done so by following the obvious flow to Cotai with new rooms set up at the Parisian and Wynn Palace. And it isn’t slowing down anytime soon with the group telling IAG it will launch another three junket rooms at Macau IRs in the coming months, starting in December 2017.

To return to the full list of 2017 Asian Gaming Power 50 winners, click here.

Current Issue

Moving ahead

Moving ahead A year after the deadly attack at Resorts World Manila, management continues to reinvent the property to recover and meet the challenge from Entertainment City rivals. By Muhammad Cohen | Editor-at-Large   The tragic events of 2 June 2017 at Resorts World Manila sent shock waves across the Phili... Friday, 29 June 2018 01:32

"This is not a drill..." Gaming businesses must plan judiciously for emergencies such as the Resorts World Manila attack, natural disasters and accidents so they can respond effectively when best plans fail. By Muhammad Cohen   Arson at Resorts World Manila a year ago, Typhoon Hato battering Macau last August and the La... Friday, 29 June 2018 01:24

Five signs that your organizational culture is toxic to customer experience

Five signs that your organizational culture is toxic to customer experience IAG explains the importance of company culture in achieving exceptional customer experience and the five signs that your culture might be toxic to your customer goals. By Sudhir H. Kalé, Ph.D.   Numerous studies on customer experience (CX) highlight the crucial role company culture plays in del... Friday, 29 June 2018 01:18

Height of Luxury

Height of Luxury With the opening of its new luxury hotel at City of Dreams in June, Melco Resorts is looking to take control of Macau’s lucrative premium mass segment. By Ben Blaschke   “We’re not just opening a new hotel today, we’re opening a whole new chapter. We’ve built a landmark for Macau and a... Friday, 29 June 2018 01:08