• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 18 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Macau’s line in the sand doesn’t need to be fatal blow for junkets: Edmund Loi

Wendi Song by Wendi Song
Tue 4 Jan 2022 at 04:51
In defense of Macau’s junket licensing regime
42
SHARES
1.1k
VIEWS
Print Friendly, PDF & Email

Despite the current upheaval in Macau’s junket industry, Edmund Loi Hoi Ngan, Associate Professor of the Social, Economic and Public Policy Research Centre of Macao Polytechnic Institute, believes that recent events do not point to the exclusion of junkets but rather establish a clear line in the sand that VIP gaming promoters must not touch online or cross-border gambling.

Following the arrest and detainment without bail of Sun City Gaming Promotion Company Limited’s sole shareholder, Alvin Chau, who is currently awaiting trial for alleged criminal association, illegal gambling and money laundering, Macau’s casino concessionaires recently began terminating contracts with junket promoters. The VIP gaming industry, which once generated the majority of Macau’s gambling revenue, is facing an unprecedented crisis.

However, Loi believes the current situation has eliminated some of the gray areas around the VIP segment, ensuring rules will now become clearer with less uncertainty. This in turn is conducive to the healthy development of Macau’s gaming industry, he said.

When he previously spoke with IAG in September, Loi said, “Due to its positioning as a gaming center, Macau has not been able to reassure the Central Government that it can avoid becoming a loophole of capital outflow.”

He now believes one of the ways to “reassure the Central Government” is by making two key adjustments to its gaming industry: reducing its reliance on the VIP sector and increasing non-gaming elements.

“The IRs are here already and as long as the clients are not organized to come [by operators or promoters), it is a normal operation. This way, the line is drawn so that everyone is clearer,” Loi said.

“For instance, after some concessionaires changed their name to indicate ‘leisure and entertainment’ (SJM’s Chinese name was changed to mean ‘Macau Leisure and Entertainment’ rather than ‘Macau gaming’), they were included in the promotional roadshows of Macau in mainland China (part of the MGTO’s ‘Macao Week’ promotion events). This also shows that such activities are allowed.”

Loi also notes that the closure of Macau VIP rooms and cessation of junket activities by the likes of Suncity and Tak Chun is not a declaration of “bankruptcy” and could be a case of promoters adopting a “wait and see” approach regarding how they can legally resume operations in future.

“After all, Southeast Asia still allows cross-border gambling,” he said. “Countries like Singapore, Thailand, Malaysia, South Korea and Japan are not opposed to cross-border gambling. The ways for junkets are not completely blocked, as long as they stay away from mainland China. I think the bottom line is very clear.”

Loi said that although both the Suncity and Dore Entertainment cases accelerated the shrinkage of Macau’s VIP segment, there still might be a gradual rebound once amendment to Macau’s gaming law are confirmed.

As for development of the gaming industry in the coming year, Loi believes Macau is still the world’s most promising gaming market at present despite the lingering presence of COVID-19.

“Although the statistics during the past two years are poor, they are still good compared to other jurisdictions,” he explained. “For example, despite the fact that Macau’s foreign investment dropped by more than MOP$50 billion in 2020, US capital still chose to enter Macau, which means that Macau’s gaming market is still the best in terms of the global market.

“Although it seems that the scale of Macau’s gaming industry will be somewhat limited to a certain extent in the future, on the whole, I think no gaming company would actually want to miss the opportunity to enter or stay.

“GGR bottomed out last summer, some uncertainties have now been removed and visitors have stabilized at around 30,000 per day. When things are stable, decisions can be made faster.

“The reason I’m optimistic about Macau is because I cannot find any better place.”

RelatedPosts

Macau GGR hits MOP$19.8 billion in August, up 6% month-on-month

Government figures indicate Macau’s gaming industry recorded US$17.9 billion surplus in 2024

Wed 17 Sep 2025 at 18:04
Melco’s Tokyo office raided by Public Prosecutor as Akimoto scandal deepens

Melco prices new notes offering at US$500 million

Wed 17 Sep 2025 at 06:16
The changing face of Macau

Melco to launch private hospital at Macau’s Studio City as part of 10-year non-gaming concession commitment

Wed 17 Sep 2025 at 05:06
Police arrest 100 people after detecting 62 cases of illegal money exchange in joint Macau operation

Police arrest 100 people after detecting 62 cases of illegal money exchange in joint Macau operation

Mon 15 Sep 2025 at 22:58
Load More
Tags: Alvin ChauclosureEdmund LoiJunketsMacauSuncity GroupTak Chun Group
Share17Share3
Wendi Song

Wendi Song

After years spent studying law – firstly in Shanghai and later in Macau – Wendi started her Macau-based career as a writer and journalist. She’s been published in several English, Chinese and Portuguese newspapers and magazines in Macau for over a decade, including Inside Asian Gaming and its sister magazine High Life, and played a key role in helping develop O Media’s Hengqin Record – Macau’s first weekly email newsletter and website focusing specifically on Hengqin and its role in the Greater Bay Area. Wendi has particular expertise in Hengqin and the Greater Bay Area, and has been the Chinese editor and translator of Inside Asian Gaming since May 2019.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Evolution Asia
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

10 Years Ago – Reimagining Sri Lanka

Sri Lankan cabinet approves budget proposal to increase betting levy, double casino entry for locals

by Newsdesk
Thu 18 Sep 2025 at 02:27

The Sri Lankan cabinet has approved a proposal in the country’s 2025 budget that will see the betting levy increased and casino entry fee for locals doubled. According to a report by local business media outlet Economy Next, Cabinet Spokesman...

CDC Gaming announces reimagined Day Zero Party including “10 Women Rising in Gaming” presentation at Resorts World Las Vegas’ Allē Lounge on 66, on 5 October 2025, the Sunday prior to G2E

CDC Gaming announces reimagined Day Zero Party including “10 Women Rising in Gaming” presentation at Resorts World Las Vegas’ Allē Lounge on 66, on 5 October 2025, the Sunday prior to G2E

by Newsdesk
Thu 18 Sep 2025 at 02:08

CDC Gaming, the premier source of news, commentary and analysis for the gaming industry in the Americas and sister company to Inside Asian Gaming, has announced a revamped, reimagined and refreshed Day Zero Party ahead of this year’s Global Gaming...

Wynn says UAE development contribution to total around US$900 million as Thailand opportunity looms large

Cryptocurrency payments, smart table rollout across all games among technology innovations being planned at Wynn Al Marjan Island

by Ben Blaschke
Thu 18 Sep 2025 at 02:01

Wynn Al Marjan Island is looking to open with smart gaming tables installed across all or most of its gaming areas and payment options that include cryptocurrencies, the company has revealed. David Patent, Executive Vice President, Gaming Operations at Wynn’s...

Interview with Newport World Resorts’ Nilo Thaddeus Rodriguez

Interview with Newport World Resorts’ Nilo Thaddeus Rodriguez

by Newsdesk
Wed 17 Sep 2025 at 19:04

IAG sat down with Nilo Thaddeus Rodriguez – the President and CEO of Newport World Resorts – to discuss the property’s recent market share gains and what new features and attractions we can expect to see in the coming months.

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English