THE M3: S'PORE JUNKETS

The Macau Metro Monitor, March 26, 2012

TWO JUNKET OPERATORS 'NOT BIG PLAYERS', SAY INDUSTRY SOURCES Strait Times

Sources say the first two junket operators that received the go-ahead to attract high rollers to RWS are relatively small players.  The two, Mr Huang Yu Kiung and Mr Low Chong Aun, ply their trade in Macau but only as sub-junket promoters, offering big-spending clients to main junket operators.  As such, they do not operate their own VIP rooms in casinos there but introduce their clients to other promoters who in turn pay them a cut of the commission they get from casinos.

According to a source who knows both men, Huang also hosts about 30 Malaysian clients to casinos in Cambodia every month.  The group would spend about $1 million to $2 million per trip.  "To be honest, they are not very big players. The big junkets have players who bet $500,000 a hand," said the Malaysia-based source.  He added that Huang has been working as a junket promoter for about seven years while Low has about 20 years of experience.