New Macau gaming credit law passes Legislative Assembly vote

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 ...

Casino management companies no longer allowed to extend credit under new amendment to Macau gaming laws

by Pierce Chan

22/04/2023

The Macau Executive Council has announced new amendments to the legal regime for the gaming industry which would prohibit management ...

Manila to drop all capacity restrictions from 1 March

AMLC report finds some Philippines junkets failing to report on suspicious transactions in breach of casino agreements

by Ben Blaschke

23/03/2023

A study by the Philippines’ Anti-Money Laundering Council (AMLC) into suspicious transactions associated with casino junkets has found multiple instances ...

Only eight of Macau’s 36 licensed junkets operational, says industry rep

by Newsdesk

03/03/2023

Only eight Macau junkets are currently operating, despite the Macau government having issued 36 junket licenses in January, according to ...

Tag: Junkets