figures released recently by the Macau gambling regulator<\/a> (DICJ), the junket market has shrunk year-on-year for five consecutive years, in terms of the number of operators. But while increased regulation drove many smaller junkets from the market during the slump years, the industry has now stabilized and the recent decline in operators has more to do with consolidation than stagnation.<\/p>\nTsang said business is booming for his company, adding that he welcomes stricter regulation as a positive force for the industry.<\/p>\n
\u201cWe support the government being more stringent over junket operations,\u201d he said. \u201cOnly the better qualified junkets can stay and it will improve the market.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
VIP gaming in Macau has bounced back to its levels of 2014, before a Chinese anti-corruption crackdown sent revenues in the gambling hub tumbling month-on-month for almost two years. That\u2019s the opinion of Tsang Ka Hung, CFO of the Tak Chun Group, who was speaking to GGRAsia at the opening of the group\u2019s new VIP […]<\/p>\n","protected":false},"author":42,"featured_media":71220,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18],"tags":[],"acf":[],"yoast_head":"\n
Macau VIP Gaming \u2018Back to 2013-14 Levels,\u2019 Says Junket Operator<\/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