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Wynn Macau Limited raising junket commission rate to 42.5%

Adam Morgan
Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau
March 4, 2020 0
The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited is reportedly boosting the amount of commission it...

Suncity Group to close Australian junket operations

Adam Morgan
Latest Casino and Gambling NewsAustraliaCasino NewsGaming Industry NewsMoney LaunderingEconomy/FinanceMergers, Acquisitions & PartnershipsCrime
August 19, 2019 0
Asian junket firm, Suncity Group, has reportedly decided to abandon the Australian casino market following allegations that its VIP operations...

Australian officials initiate investigation into casino junket operators

Adam Morgan
Latest Casino and Gambling NewsAustraliaGaming Industry NewsMoney LaunderingEconomy/FinanceCrime
August 5, 2019 0
In Australia and law enforcement officials have reportedly launched a special investigation into whether overseas junket operators may be aiding...

Macau junket firms launch VIP operations in Sihanoukville

Adam Morgan
Latest Casino and Gambling NewsGaming Law & LegislationCambodiaCasino NewsCasino openingsMergers, Acquisitions & Partnerships
May 7, 2019 0
Two of Macau’s most prominent junket firms have reportedly recently established VIP-facing operations inside a small casino situated within a...

Tak Chun Group inaugurates MGM Cotai junket service

Adam Morgan
Latest Casino and Gambling NewsCasino NewsMacauMergers, Acquisitions & Partnerships
November 1, 2018 0
After launching VIP gambling services for The Plaza Macao and Okada Manila venues earlier in the year, junket operator Tak...

Four more junket operators licensed for Imperial Palace Saipan

Adam Morgan
Latest Casino and Gambling NewsCasino NewsSaipanLicensesMergers, Acquisitions & Partnerships
September 27, 2018 0
In the Commonwealth of the Northern Mariana Islands, gaming officials have reportedly given four additional junket operators permission to offer...

MGM Cotai to begin utilizing junket operators

Adam Morgan
Latest Casino and Gambling NewsCasino NewsMacauMergers, Acquisitions & Partnerships
August 22, 2018 0
In Macau, the recently-opened MGM Cotai venue is reportedly going to allow a pair of external junket operators to set...

Soon-to-open Morpheus to eschew the use of junket operators

Adam Morgan
Latest Casino and Gambling NewsCasino NewsNew HotelsMacauMergers, Acquisitions & Partnerships
May 7, 2018 0
Asian casino firm Melco Resorts and Entertainment Limited has reportedly declared that it will not be using junket operators to...

Tak Chun Group premieres Okada Manila junket service

Adam Morgan
Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsPhilippines
March 20, 2018 0
A little over a month after launching a VIP gambling service for The Plaza Macao and junket operator Tak Chun...

Suncity Group to open new junket service at NagaWorld

Adam Morgan
Latest Casino and Gambling NewsCambodiaCasino NewsMergers, Acquisitions & Partnerships
February 8, 2018 0
In Cambodia, prominent junket operator Suncity Group has reportedly announced that it intends to begin running a new VIP service...

Macau records annual decline in number of licensed junket operators

Adam Morgan
Latest Casino and Gambling NewsGaming Law & LegislationLicensesMacau
January 24, 2018 0
Despite recently recording an over 19% increase year-on-year in annual aggregated gross gaming revenues to in excess of $33 billion,...

Macau has no plans to license casino junket operator sub-agents

Adam Morgan
Latest Casino and Gambling NewsGaming Law & LegislationMacau
December 5, 2017 0
In Macau, a senior government official has reportedly disclosed that authorities have no immediate plans to initiate a licensing regime...

Junket operator David Group abandoning The Macau Roosevelt

Adam Morgan
Latest Casino and Gambling NewsMacauMergers, Acquisitions & Partnerships
October 26, 2017 0
In Macau, local junket operator David Group has reportedly announced that it will be ceasing its ten-table VIP operation for...

Suncity Group set to bring junket services to Okada Manila

Adam Morgan
Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsPhilippines
September 27, 2017 0
In the Philippines, an investigation from financial services firm Morgan Stanley has reportedly revealed that junket operator Suncity Group is...

Macau junket operator announces proposed name change

Adam Morgan
Latest Casino and Gambling NewsMacau
August 28, 2017 0
After terminating an agreement with Macau casino operator Sands China Limited in July, junket operator Neptune Group Limited has now...
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