{"id":777006663,"date":"2023-06-27T06:59:55","date_gmt":"2023-06-27T09:59:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777006663"},"modified":"2026-04-22T20:37:07","modified_gmt":"2026-04-22T23:37:07","slug":"u-io-hung-macau-junket-woes-continue","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/u-io-hung-macau-junket-woes-continue","title":{"rendered":"U Io Hung: Macau junket woes continue"},"content":{"rendered":"\n

Macau’s junket industry faces ongoing challenges says the president of the Macau Professional Association of Gaming Promoters.<\/p>\n\n\n\n\n\n\n\n

Macau.- U Io Hung<\/strong>, president of the Macau Professional Association of Gaming Promoters, has told a seminar on the development of Macau’s gaming industry that the junket sector continues to face challenges in Macau. He note that there were now only 14 licenced junket<\/strong> operators in the area.\u00a0<\/p>\n\n\n\n

The crisis triggered by the Covid-19 pandemic has been followed by\u00a0criminal cases<\/a> involving some of the city’s biggest operators and a series of legislative reforms. Hung said the implementation of\u00a0new junket regulations<\/a>\u00a0had resulted in reduced income since operators are no longer permitted to share gaming revenue and are limited to a commission of\u00a0only 1.25 per cent of rolling chip from concessionaires.\u00a0<\/p>\n\n\n\n

Meanwhile, Macau government has reintroduced a 5 per cent commission tax on junket commissions. Previously, commission taxes were often waived for an extended period. In this scenario, many former junket staff members have sought employment in foreign casinos. U Io Hung said that Japan and Thailand opening up to gaming activities would further challenge Macau’s ability to remain competitive<\/strong>\u00a0due to their tourism resources.\u00a0<\/p>\n\n\n\n

See also:\u00a0<\/strong>Tristan Sj\u00f6berg, TCSJOHNHUXLEY: \u201cCasino legalisation in Thailand will redraw the mass-market Asian gaming map\u201d<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Macau’s junket industry faces ongoing challenges says the president of the Macau Professional Association of Gaming Promoters.<\/p>\n","protected":false},"author":176,"featured_media":10015,"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 sector faces severe challenges, with only 14 licensed operators remaining due to post-pandemic criminal cases and stringent legislative reforms. New regulations prohibit revenue sharing, cap commissions at 1.25% of rolling chip, and reintroduce a 5% commission tax, significantly impacting profitability. This, coupled with emerging gaming markets in Japan and Thailand, threatens Macau's competitive position and has led to staff migration.","focusai_entities":"U Io Hung, Macau Professional Association of Gaming Promoters, Tristan Sj\u00f6berg, TCSJOHNHUXLEY","focusai_location":"Macau, Japan, Thailand","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.9), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Junket Profitability","query":"What is the projected impact of the 1.25% rolling chip commission cap and the reintroduced 5% commission tax on the net gaming revenue (NGR) and EBITDA margins of Macau's remaining licensed junket operators?"},{"label":"Asian Market Diversification","query":"How are Macau's concessionaires strategically adapting their VIP acquisition models and capital allocation in response to the junket sector's contraction and the potential emergence of integrated resorts in Japan and Thailand?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777006663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006663","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=777006663"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006663\/revisions"}],"predecessor-version":[{"id":777006687,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006663\/revisions\/777006687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10015"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}