Macau Regulators Investigate Unlicensed Gaming Agents

Macau\'s casino regulator, the Game Inspection Coordination Bureau, said it had opened an investigation into unlicensed individuals allegedly engaged in activities similar to VIP game promoters known as junkets. The so-called unlicensed agents were found during routine inspections at city casinos, the regulator said in a social media post on Wednesday. 카지노사이트

The secretariat did not specify when or at which casinos the most recent checks were conducted.

Casino regulators said the inspection was intended to monitor the business in VIP and large gaming areas of casinos in the city, and to prevent illegal activities such as "multiple" bets and revenue split arrangements in VIP rooms and to monitor whether people engaged in game brokerage services have a valid license.

So-called multipliers are the practice of multiplying the value of bets placed on the table multiple times through private agreements between parties. They also evade the full 40 percent tax levied on total game revenue in the Macau market.

"We have identified individuals who do not have a valid VIP game promoter license but are performing the activities of the game promoter, i.e., similar activities to the game promoter," the gaming regulator said, adding that it has launched an investigation into these people.

The secretariat did not elaborate on the activities carried out by unlicensed gaming agents, but added that it would "follow up strictly in accordance with the law." It added that this included a ban on casinos as a "precautionary measure" for those people.

Several sources familiar with the matter told GGRAsia that the unlicensed gaming agent had been active in Macau\'s VIP gaming arena, managed directly by the operator, registering as a rolling chip program player and reselling the chips to other customers. The so-called unlicensed agent said he had split rolling commissions and other forms of play rewards with fellow players after the play.

However, the practice has been challenged in recent months by growing scrutiny and sanctions by Macau\'s gaming regulators, two sources said in comments to GGRAsia. Unlicensed gaming agents caught by regulators were not only barred from Macau casinos but also had to pay fines, the sources said.

GGRAsia last week approached casino regulators to confirm investigations and sanctions on gaming venues involving so-called unlicensed gaming agents. We did not receive a reply when this story was brought online.

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