IAG MAR 2023

IAG MAR 2023年3月 亞博匯 78 U nder the newly amended “Macau junket law”, gaming promotors in Macau can only provide services to one of Macau’s six casino concessionaires and are not allowed to engage in revenue share agreements. Instead, junket income must now be only comprised of the income of the 1.25% commission on rolling turnover provided by the concessionaire. In early February, some junket operators confirmed to Inside Asian Gaming that the government is now charging them a 5% commission tax on their commission income. Many in the industry said that the commission tax has had a significant impact on their revenue. So what is the impact of the 5% “commission tax” on the junket industry? The owner of licensed junket Pacific Intermediário Sociedade Unipessoal Lda, U Io Hung, told IAG that “the impact [of commission tax] was tremendous and had caused junket operators to lose [a chunk of] their profits. “The source of income for junket operators relies on the 1.25% commission FEATURES U Io Hung 余堯洪