Smaller junket companies<\/a>, groups that arrange travel and accommodations for high rollers and lend them gaming credit, are beginning to return to Macau. And the trade group that lobbies the local government on their behalf, the Macau Association of Gaming and Entertainment Promoters, wants to organize a central credit database to allow junkets to keep better tabs on their clients.<\/p>\n<\/div>\nSpeaking with GGRAsia<\/i>, association President Kwok Chi Chung said such a database would allow junkets to be aware of customer’s who haven’t repaid loans, or pose a substantial credit risk. But before VIP companies can freely exchange such information, the Macau government must approve the plan. So far, there’s been no word out of the Special Administrative Region.<\/p>\n
If approved, the database wouldn’t only be accessible by junkets, but also made available to gamblers to see if they owe any outstanding debt. Chung also said that he hopes the actual casinos would also participate in the credit sharing.<\/p>\n","protected":false},"excerpt":{"rendered":"
Macau visitor arrivals jumped almost 12 percent year-over-year during China’s October 1-7 Golden Week, much welcomed statistics for casino resorts that suffered from a recent typhoon that caused an economic loss of $1.42 billion. China has two Golden Weeks each year where employers are encouraged to give their workers paid time off for an entire […]<\/p>\n","protected":false},"author":42,"featured_media":60414,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Macau Visitation Surges During Golden Week, Junkets Want Database<\/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