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Macau maintains junkets cap at 50 for 2025, tightens credit rules

Macau maintains junkets cap at 50 for 2025, tightens credit rules

Macau's Gaming Inspection and Coordination Bureau (DICJ) has announced that the number of licensed gaming promoters, or junkets, permitted in the gambling hub will be capped at 50 for 2025, maintaining the same limit as the current year. Despite this cap, less than half of the permitted quota is cu

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Macau's July casino revenue revised to $2.3 billion amid slow start to the month

Macau's July casino revenue revised to $2.3 billion amid slow start to the month

Macau is projected to generate MOP18.5 billion (US$2.3 billion) in gross gaming revenue this month, slightly below the initial forecast of MOP19 billion. JP Morgan Securities Asia Pacific attributes this revision to a “slower start to the month,” Macau Business reported. In the first 14 days, the g

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Macau’s VIP gambling revenue drops 7.4% to $1.66 billion in Q2 2024

Macau’s VIP gambling revenue drops 7.4% to $1.66 billion in Q2 2024

Macau’s high stakes gambling or VIP gambling revenue declined by 7.4% in the second quarter of 2024 compared to the first quarter, according to data from the Gaming Inspection and Coordination Bureau (DICJ). Casinos generated MOP13.31 billion ($1.66 billion) from VIP baccarat gambling between Apri

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