Inside Asian Gaming

IAG OCT 2020年10月 亞博匯 50 IN FOCUS Others have been evicted by operators for failure to comply with tightening regulatory and AML requirements, while some have survived only by doing deals with the likes of Suncity, who may let them utilize tables inside their luxury VIP rooms in return for a cut of the profits. Nevertheless, the number of licensed junkets has continued to fall, dropping below 200 in 2015 and below 100 in January of this year to the current 95. Experts predict that number will edge closer to 50 in the coming years. It is with such external pressures in mind that savvy junkets have begun diversifying their revenue streams, tempering their risk from the highly volatile VIP business while at the same time distancing themselves from the industry’s colorful past. 0 50 100 150 200 250 2006 2007 2008 2009 2010 2011 2012 2013 2014 20 MACAU'S JUNKET CONSOLIDATION NUMBER OF LICENSED JUNKETS 澳門博彩中介人的整合 澳門獲發牌照之博彩中介人的數量 was provided, the operator would deem anything less than HK$1 billion in rolling to be underperforming. In such a scenario, the likely response would be a reduction in credit, reduction in tables, or both. CONSOLI DATION, DIVER SIFICATION Since the peak of Macau’s junket industry in 2013, when the DICJ licensed 235 gaming promoters to provide services to the SAR’s casinos, the trend has been rapid consolidation. With fewer resources than the more established promoters and weighed down by the economic impact of China’s anti-graft campaign – launched by Chinese President Xi Jinping in 2012 but making its presence felt in 2014 – many smaller junket operators either folded or were swallowed up by their much larger rivals.