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Tag Archives: Junkets

China – China to crackdown on Macau’s junket operations

The Macau casino sector is facing a series of shake-ups when the new concessions are approved with the government looking at axing the sub concession model and cracking down on how casinos handle junkets. Analysts believe the crackdown will see the size of the junket market in Macau shrink with a ‘much smaller junket operation…

New Zealand – SkyCity pulls the plug on international junkets

New Zealand casino operator SkyCity Entertainment Group has confirmed that it will no longer use junkets to bring in VIP players from other countries to its casinos. The move mirrors that of Australian casino group Crown, who after being found an unsuitable operator at the recent Bergin enquiry, opted to cease all arrangements with operators…

Australia – AUSTRAC says Australian casinos are ‘well-placed’ to oversee junkets

Nicole Rose, CEO of Australia’s financial fraud squad AUSTRAC has stated that the responsibility of governing junket operators should remain with individual casinos rather than being passed over to regulators. Media outlet News Corp reported her comments from a Senator hearing following the NSW Independent Liquor and Gaming Authority (ILGA) probe into Crown Resorts. She…

Australia – Crown told to delay Banagaroo opening despite pulling away from junkets

Australian casino giant Crown Resorts has been told to delay opening gaming operations at its Barangaroo casino next month by the NSW Independent Liquor & Gaming Authority in light of ongoing concerns over the company’s suitability to run the casino. The instruction comes a day after Crown permanently pulled the plug on the use of…

China – Foreign casinos soliciting Chinese play to carry ten year prison sentence

The penalty for soliciting Chinese customers to visit foreign casinos will match the five to ten year jail sentence for some actually opening a casino in China. The latest amendment, Article 303, targets gaming activities both within and outside of China, will be made available for public consultation until November 19 with the likelihood it…

China – Confusion mounts over whether China’s criminalising of casino promotion extends to Macau

China’s National Congress is considering making it a criminal offence for overseas gambling operations to target Chinese citizens with their promotions and offers, but analysts remain unsure as to whether this would include casinos in Macau. The Congress wants to criminalise the ‘organisation and solicitation of casinos abroad,’ with currently unspecified punishments for companies or…

Australia – Crown suspends all junkets following damning public hearing

Australian casino operator Crown Resorts has suspended all activity with junket operators until June 30 2021 while it undertakes a comprehensive review of its processes related to junket operators. The move follows the September 2020 public hearing of the inquiry established by the NSW Independent Liquor and Gaming Authority, which is ongoing. Crown also said…

Cyprus – Cyprus Gaming and Casino Supervision Authority taking no chance with junkets

The Cyprus Gaming and Casino Supervision Authority has signed up three different companies to carry out checks on international junket operators before they are allowed to work with City of Dreams Mediterranean. The 500m resort casino set to open in Cyprus in 2021 will be run by Melco Resorts & Entertainment, a company that has…

Australia – Crown defends its junket links following damning 60 Minutes report

Crown Resorts has defended its stance on using junkets following claims from The Age and The Sydney Morning Herald newspapers, along with broadcaster 60 Minutes, that it deployed junket operators connected to drug traffickers in China to bring Chinese VIP customers to its Australian casinos. Crown stated it had a ‘robust process for vetting junket…