Thursday, September 12, 2024

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Macau junkets: 75 percent still inactive under new operation model

Nearly 75 percent of junkets in Macau remain inactive under the new junket operation model that started on January 1st, 2023, says the Macau Responsible Gaming Assocation head, Billy Song.

Experts warn of diminishing benefits of the Individual Visit Scheme in Macau

Macau's luxury spending has dropped significantly, despite increases to the Individual Visa Scheme, as VIPs dwindle and consumers become more frugal.

Macau’s new Chief Executive candidate puts ‘diversification’ in focus

Macau's economic diversification been pushed to the front of the debate, as Macau aims to elect a new Chief Executive, who has expressed that gaming has had a "negative" impact on the city.

Recruitment trends in Macau gaming industry leveling off: Insider

The hiring pace in Macau's gaming sector is decelerating as the post-COVID recovery slows down. After an initial surge in hiring following the lifting of pandemic restrictions, the recruitment trend is now shifting towards a more gradual, moderate pace.

Macau’s gaming operators actively soliciting junkets as VIP revenue rebounds: sources

According to Nelson Kot, the president of the Macau Comprehensive Social Research Association, Macau's gaming operators have been discussing actively with licensed junkets, aiming to boost the VIP revenue rebound.

Macau’s satellite casinos shrouded in darkness

Macau's satellite casinos used to be touristic attractions in the city. The problem is that not so many gamblers are going to play there now.

Satellite casinos to be disqualified from issuing gaming credit, say gaming experts

All satellite casinos will be disqualified from issuing gaming credit according to the new bill on casino concessionaire- and junket-issued credit for gambling. 

Local experts voice concern over aspects of Macau gaming law consultation report

Several academics and gaming associations have voiced concerns over the latest public consultation report of the new Macau gaming law, particularly concerning the license grant period and the role of the government representative.