(Lei dos) junkets
may25 Macau has 25 licensed gaming promoters – also known as ‘junkets’ – according to the latest available figures. While the tally is up from the 21 that were registered as of May last year, the latest figure still represents only half the actual quota of 50 permitted under the local government’s market-wide junket cap. That is according to the latest figures from the city’s casino regulator, the Gaming Inspection and Coordination Bureau. The most recent newcomer is an entity named “Wanzda Promoção de Jogos Limitada”, in Portuguese, according to an update from the bureau. The list is dated May 9, but only recently put online. Under the current gaming regulatory framework, individuals are no longer licensable as junkets; only companies. All the 25 licensed junkets on the regulator’s announced roster are currently “active” in the city’s gaming market, veteran junket promoter U Io Hung remarked to GGRAsia. He heads the Macau Gaming Promoter Professionals Association. Most of t...