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Industry Insiders Forecast Continued Intergration of MO Junket Promoters into Casino Operations
Recommend 19 Positive 40 Negative 12 |
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Ming Pao cited U Io Hung, spokesperson for the Macau Professional Association of Gaming Promoters, as saying that he has noted over time the gradual integration of casino operations and junket promoters engaged in VIP gaming services, promoting the legalization of self-operated VIP gaming business by gaming companies. As this development trend has taken shape over the past two months, U Io Hung expected that more and more junket promoters will be integrated into casino operations. U Io Hung added that cooperation between casino operations and junket promoters must be approved by the Macau government in advance. Under this integrated development model, junket promoters must provide services to gaming companies to establish cooperative relationships while also being in a competitive situation. He revealed that this integrated operation model has already been piloted at two casinos under GALAXY ENT (00027.HK) and Melco Resorts & Entertainment (MLCO.US). AAStocks Financial News |
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