“Junkets now contributing as little as 3% of gross gaming revenue in MGM China properties”

MGM Cotai reopens following COVID-19 lockdown as quarantined staff, guests all test negative

MGM China President and Chief Operating Officer Hubert Wang said Tuesday that Macau’s junket operators are contributing as little as 3% to ...

Junket rep says “13 or 14” junkets now operating in Macau

by Pierce Chan

25/06/2023

The President of the Macau Professional Association of Gaming Promoters, U Io Hung, says there are now around 13 or ...

When the party is over

by Ryan Ho, Zoe Leong, Chris Lu and Sergio Li

30/05/2023

A group of MBA students at Macao Polytechnic University recently conducted a study into the challenges facing former junket employees ...

New Macau gaming credit law passes Legislative Assembly vote

by Pierce Chan

19/05/2023

Macau’s Legislative Assembly passed a new gaming credit law on Thursday afternoon which prohibits casino management companies from providing credit ...

Macau GGR falls 70.5% year-on-year in November to MOP$6.75 billion, slightly down versus October

Macau government says 5% tax on junket commissions here to stay

by Pierce Chan

08/05/2023

The Macao SAR Government has told a junket lobby group that it will not abolish a 5% tax charged on ...

Tag: Junkets