Junkets expand across Asia, as Macau VIP revenue declines

Macau’s junket operators are seeking to expand their operations across Asia as VIP revenue in Macau drops to its lowest share since 2006, according to a Reuters report. 

“The junkets are very aware and are looking all over Asia to expand. It’s the biggest expansion phase ever right now,” Ben Lee, Asian gaming consultant at Macau-based consultancy IGamiX told the news agency. Caps on the supply of gaming tables that Macau’s casinos can install and new rules that make it harder for wealthy punters to remain anonymous are two of the regulatory changes prompting the junkets to alter their business model.