ban junkets from engaging in revenue-sharing arrangements<\/a>\u00a0with casino operators and from operating certain areas or facilities in casino venues. Another measure would require gaming operators to submit details of commissions paid to junkets for the previous month by the 10th day of each month.<\/p>\n\n\n\nIn 2021,\u00a0VIP gross gaming revenue (GGR) accounted for nearly 32.8 per cent of Macau’s GGR<\/strong>, at MOP28.49bn (US$3.55bn). That’s down from last year’s 43.5 per cent market share, according to official data. In the three months ended Dec. 31, 2021, VIPs accounted for just 25.7 per cent of Macau’s total gaming revenue over the same period.<\/p>\n","protected":false},"excerpt":{"rendered":"The Gaming Inspection and Coordination Bureau (DICJ) has confirmed that the number of junket licences has plunged by 45.9 per cent from 85 to only 46.<\/p>\n","protected":false},"author":176,"featured_media":26650,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's junket industry has experienced a 45.9% reduction in licensed operators, falling from 85 to 46, primarily due to intensified regulatory oversight and high-profile arrests, such as that of Suncity Group's CEO. Proposed amendments to Macau's gaming regulatory framework will further restrict junkets to a single casino operator, prohibit revenue-sharing, and mandate detailed commission reporting, significantly impacting the VIP GGR segment which has already seen its market share decline to 25.7% in Q4 2021.","focusai_entities":"Gaming Inspection and Coordination Bureau (DICJ), Alvin Chau Cheok Wa, Suncity Group, Andr\u00e9 Cheong Weng Chon","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), tech_data (0.7), marketing_crm (0.7), payments_fraud_aml (1.0), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"VIP Market Re-evaluation","query":"How will Macau's integrated resorts adapt their direct VIP marketing and player acquisition strategies to offset the significant reduction in junket-driven GGR and the new operational restrictions?"},{"label":"Regulatory Impact Assessment","query":"What are the projected long-term financial implications for Macau's concessionaires given the prohibition of revenue-sharing with junkets and the mandate for single-operator junket partnerships?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-26611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=26611"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26611\/revisions"}],"predecessor-version":[{"id":26643,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26611\/revisions\/26643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26650"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}