Macau junkets operators to use trade show to polish image

    Published in: Latest Intelligence By Christine Duhaime  Some of Macau’s biggest junket operators — also known as VIP gambling promoters — are planning to exhibit at next month’s Macau Gaming Show in a sign this integral part of the local gaming scene is seeking to polish its reputation.According to the organizers, junket operators, including Suncity Group, David Group, Jimei Group and Golden Group, have registered and will showcase their business to some 6,500 expected attendees.Junket operators are an integral part of the Macau gaming scene, bringing in the Mainland Chinese gamblers that account for 75% the industry’s US$38 billion in annual revenue.However, they have been tarnished by alleged links to organized crime and money laundering, with high-profile government figures acknowledging that part of the junket business has links to criminal organizations. These allegations have come about because of the VIP promoter’s role in extending credit to high-rolling Chinese gamblers, sometimes helping them...

    Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.