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Home›Macau›Junket landscape evolves and grows with new licenses and tighter regulations

Junket landscape evolves and grows with new licenses and tighter regulations

By -
October 9, 2024
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Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ), has reported an increase in licensed junkets and approved agents following the implementation of the amended gaming laws dedicated to gaming promotors’ activity.

According to DICJ data, the number of junkets in Macau has risen to 24, up from 18 at the start of the year, while the number of approved agents has grown to 12. The amended law has introduced several changes, including a requirement for each licensed junket to work with only one concessionaire, a ban on revenue-sharing agreements, and a cap on commissions at 1.25% of rolling.

The new regulations have also established minimum capital requirements for junkets, agents, and casino management companies. Junkets must provide a guarantee of MOP1.5 million, agents must have MOP500,000, and casino management companies must have MOP1.5 million. Additionally, gaming intermediary companies must have a registered capital of at least MOP10 million.

Earlier this year, the number of licensed junkets had fallen to 18, down from 35 in 2023. However, recent figures show that this number has now risen, with new additions such as VEGA STAR Ltd and Companhia De Ensemble Ltd. The DICJ has announced that the maximum number of junket licenses on offer in 2025 will remain at 50, the same as this year. VC

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