THE M3: JUNKET COUNT

01/27/12 07:17AM EST

The Macau Metro Monitor, January 27, 2012

MORE JUNKETS IN VIP MARKET Macau Business, SCMP

The number of junket operators reached an all-time high of 219 in 2011, up 13% YoY.  The last peak in junket operators was in 2007, when there were 186 registered junkets.  With 34 casinos in the SAR, there is an average of six licensed junkets for every casino. 

By contrast, industry estimates of the number of unlicensed junkets working in Macau under the umbrella of those who are officially registered range widely, from several thousand to more than 10,000.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.