{"id":777010719,"date":"2023-10-31T07:47:53","date_gmt":"2023-10-31T10:47:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777010719"},"modified":"2026-04-22T16:38:57","modified_gmt":"2026-04-22T19:38:57","slug":"macau-junket-promoter-tax-revenue-falls-92-in-2022","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-junket-promoter-tax-revenue-falls-92-in-2022","title":{"rendered":"Macau junket promoter tax revenue falls 92% in 2022"},"content":{"rendered":"\n<p>The city has tightened regulations on the VIP gaming promotion industry.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The Macau government collected MOP3.5 million (US$434,570) in taxes from junket operators in 2022. That&#8217;s a 92 per cent decline when compared to 2021 (MOP46.5m) but is unsurprising given that the number of licensed VIP gaming promoters in the SAR fell from 85 to 46 in that period.<\/p>\n\n\n\n<p>The number of operators has fallen by 85 per cent in the last decade, from 235 in 2013 to 36 this year. There has been further scrutiny of the sector since <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/arrest-warrant-issued-for-suncity-groups-chairman\" target=\"_blank\">Alvin Chau Cheok Wa<\/a>, CEO of Suncity Group Holdings, was arrested o n cross-border gambling and money laundering accusations. Casinos terminated arrangements with junkets as a result.<\/p>\n\n\n\n<p>Macau approved\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macaus-legislative-assembly-approves-junket-bill\" target=\"_blank\">a new junket law<\/a>\u00a0last December under which operators are no longer permitted to share gaming revenue and are limited to a commission of\u00a01.25 per cent of the rolling chip from concessionaires.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The city has tightened regulations on the VIP gaming promotion industry.<\/p>\n","protected":false},"author":176,"featured_media":27875,"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 VIP gaming promotion sector experienced a 92% decline in tax revenue in 2022, collecting MOP3.5 million, primarily due to a significant reduction in licensed junket operators. This contraction follows heightened regulatory scrutiny, including the arrest of Suncity Group's CEO, and the implementation of a new law restricting revenue sharing and capping commissions at 1.25% of rolling chip.","focusai_entities":"Suncity Group Holdings, Alvin Chau Cheok Wa","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Future VIP strategy","query":"How are Macau's concessionaires recalibrating their VIP player acquisition and retention strategies in light of the new junket law and the significant reduction in third-party promoters?"},{"label":"Regulatory impact assessment","query":"What is the Macau government's projected long-term impact of the new junket regulations on overall GGR, tax revenue diversification, and the stability of the gaming ecosystem?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777010719","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\/777010719","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=777010719"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010719\/revisions"}],"predecessor-version":[{"id":777041049,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010719\/revisions\/777041049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}