Despite Beijing’s crackdown, junket agents return to lure VIPs to Macao’s casinos

Saturday, September 9, 2023 12:47 PM
  • Peggy Ye and Kensaku Ihara, Nikkei Asia

In the wake of Macao’s crackdown on casino junkets and the subsequent COVID-related travel restrictions, casinos are now collaborating with junket agents under a new arrangement to attract high rollers back to the gaming tables.

Despite the challenges posed by COVID restrictions and the previous crackdown on casino junkets — industry middlepersons who bring in high rollers, referred to as VIPs, to casinos — Macao experienced a significant resurgence in tourism during the first half of this year.

Casino revenues have surged since the beginning of the year. The August tally reached 17.2 billion patacas ($2.13 billion), or around 70% of the pre-COVID figure, according to official government data.