Macau’s Gaming Inspection and Coordination Bureau has initiated an investigation into unlicenced individuals conducting activities like VIP gaming promoters, known as junkets. GGR Asia reported the regulator discovered these so-called unlicenced agents during routine inspections of the city’s casinos.
According to the report, the regulator did not specify the exact timing or locations of the latest checks. These inspections aimed to oversee operations in VIP and mass gaming areas, ensuring that illegal activities such as “multiplier” bets and unauthorised revenue-splitting arrangements in VIP rooms were prevented. Additionally, the checks verified whether individuals providing gaming intermediary services held valid licences.
Unlicenced gaming activities
The “multiplier” practice involves privately arranged agreements where the value of a bet is multiplied multiple times, circumventing the 40-percent tax on gross gaming revenue in Macau. The regulator identified individuals performing roles akin to gaming promoters without holding the necessary licences and has launched investigations into these activities.
The bureau has not detailed the specific activities of these unlicenced agents but indicated that it would pursue strict legal actions, including banning the individuals from casino entry as a preventive measure.
Increased scrutiny and sanctions
In recent months, Macau‘s gaming regulator has intensified scrutiny and imposed sanctions on unlicenced gaming agents. Those identified have faced casino entry bans and fines.
Ensuring compliance and legal enforcement
Macau authorities are stepping up efforts against illegal activities. Earlier this month, police forces from Guangdong, Hong Kong, and Macau arrested 93 individuals for illegal sports betting. Moreover, police discovered the syndicate utilised overseas servers to host websites for betting on football and basketball games.
The Gaming Inspection and Coordination Bureau’s efforts to clamp down on unlicenced gaming agents highlight the importance of regulatory compliance in the casino industry. By enforcing strict measures and monitoring activities closely, the regulator aims to maintain the integrity of Macau’s gaming sector and prevent unlawful practices.
Upcoming SiGMA event: Click here to find out all about SiGMA East Europe powered by Soft2Bet happening in Budapest, September 2024.