warned its employees<\/a> to take added caution when dealing with customers in the mainland. If gambling doesn’t feed your hunger for risk, Suncity has numerous job opportunities posted on its website for its VIP operations.<\/p>\nUnstable Environment<\/b><\/h2>\n
With VIP revenue and mass market visitation both up in Macau, all eyes are on the mainland to see what step, if any, the federal government will take.<\/p>\n
People’s Republic President Xi Jinping included Macau’s junket industry in his anti-corruption program in 2013. Stringent oversight cost the city gravely, as casino revenue went from $45 billion in 2013 to $28 billion last year. Publicly traded gambling stocks in Asia saw their valuations decrease by $146 billion.<\/p>\n
In recent months, Jinping’s administration has seemed to ease its oversight and allow Macau to slowly reintegrate junkets, albeit in a reduced and overhauled manner.<\/p>\n","protected":false},"excerpt":{"rendered":"
In Macau, a resurgence in mini-whale gambling has led to the formation of several mid-sized junkets that have been able to quickly establish partnerships with casinos for VIP operations. With less competition, smaller VIP junket are aimed squarely at the well-heeled, rather than the ultra-wealthy. New VIP gaming companies have opened rooms inside the L’Arc […]<\/p>\n","protected":false},"author":42,"featured_media":56115,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18],"tags":[],"acf":[],"yoast_head":"\n
Smaller Macau VIP Junket Companies Targeting Upper Middle Class<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n