The Brooklyn College business student had yet to win a poker event before he nailed down a victory in the $500+$60 No-Limit Hold'em tournament Wednesday.
More than 500 players competed, swelling the prize pool to $254,000. Chan's portion of the money totaled $76,200 after he smoothly defeated runner-up Rick Austin in heads-up poker.
By all accounts, Chan, 23, was in the zone throughout the two-day event, rarely relinquishing his hold on the chip lead.
The momentum carried through to the heads-up, and after 20 hands Chan had built a stack to be reckoned with. When Austin moved all-in with A-5, Chan called holding A-8. Austin wouldn't recover after the flop paired Chan's eight.
The final tournament results are as follows:
With 1,106 registered players, the Caesars Atlantic City event is the second-largest WSOP circuit to date.
To read more results throughout the tournament, check back daily with the PokerListings.com news team.