The president of the Association of Gaming & Entertainment Promoters of Macau, Kwok Chi Chung, is calling for the Macau government to tighten requirements for junket promoters, Macau Daily Times reports. Junket promoters currently need only to provide a total of MOP100,000 (US$12,400) in deposits to attain the status of junket promoter. Kwok however insisted […]
The launch of Macau’s junket-proposed debtor database system is likely to be delayed as it awaits approval from relevant authorities in Macau, local media reports. Speaking to Macau Business Daily, Kwok Chi Chung, president of the Macau Association of Gaming and Entertainment Promoters said the association hopes to launch the system within February. “Everything is […]
Macau junket operator Cali Group has reportedly shut down another VIP room located in MGM Macau, local media reports. According to Macau Business Daily, the president of Forefront of Macau Gaming (FMG) Ieong Meng Teng was informed by a Cali employee last week that the VIP promoter had terminated employment to most of its workers […]
Gambling junket operator Cali Group has reportedly closed two of its four VIP gaming rooms in Macau in order to shift resources to the Philippines, according to local media. The gaming association, Forefront of Macau Gaming (FMG), quoted by Macau Business Daily, said that the junket’s VIP gaming rooms at the Grand Lisboa and City […]
The Association of Gaming and Entertainment Promoters of Macau says the number of gaming rooms in the city has shrunk by at least 30 to 40 in the last six months as a result of weak VIP play and distress caused by bad debt, local media reports. President of the Association of Gaming and Entertainment […]
The Macau Chief Executive is the ultimate government authority in determining policy, licensing and regulating the operation of casino games of chance and other gambling activities in Macau. In exercising such powers, the Macau Chief Executive is assisted by the Gaming Inspection and Coordination Bureau, best known for its Portuguese acronym “DICJ”.