Tak Chun Group junket shifting tables from MGM Macau to Parisian Macao

Macau junket operator Tak Chun Group is closing its operations at MGM Macau and relocating to Las Vegas Sands’ new Parisian Macao property.

On Monday, GGRAsia reported that Tak Chun had “suspended” its VIP operations at MGM Macau last month. The junket’s presence at MGM Macau is believed to have encompassed a total of 15 VIP tables.

Tak Chun representatives declined to specify how large a presence the company intended to establish at the new Parisian Macao, which is set to open its doors to the public on September 13. Tak Chun had previously confirmed that it would operate 15 VIP tables at Wynn Resorts’ Wynn Palace, which opened on August 22.

On Monday, Macau officials announced that the Parisian would receive only 100 new-to-market tables when it opened, with 25 more granted on Jan 1., 2017 and a final 25 the following year. The new table allocation is well below what Sands was hoping for but similar to that received by Wynn Palace.