Jay Chun’s long-running casino property, Kam Pek Paradise, will cease operations on 1 December 2025, marking the end of an era for one of the region’s most distinctive mid-tier gaming venues. The shutdown signals a strategic recalibration in response to evolving market conditions, tightening regulatory expectations and changing consumer dynamics. Industry observers view the decision as a deliberate realignment of resources, potentially paving the way for new ventures with higher technological integration and stronger financial yield.