Thursday, November 7, 2024

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Junkets rep wary of hefty fines up to $62k for not using work badges

Macau's junkets are wary of the new fines being issued by the oversight body, citing concerns that repercussions may be stronger than in other industries.

Half of the active junkets shifted source market to Hong Kong 

According to Luiz Lam, former director of the Macau Association of Gaming and Entertainment Promoters, there are only 12 to 13 junkets out of 36 in operation, and half of them have shifted from the mainland Chinese source market to Hong Kong.

Macau operators “truly grateful” for extension, gaming law revisions

In response to the approval of the Macau operators “truly grateful” for the extension of the contracts, gaming law revisions, as they set the pathway towards a smooth transition ahead of the tender for the new concessions. All reiterate their readiness to participate in the tender process.