VIP gambling rebound has Macau junkets in expansionist mode

Macau’s resurgent VIP gambling market has casino junket operators back in expansionist mode following the sector’s lengthy period of retrenchment.

On Friday, GGRAsia reported that the Tak Chun Group junket planned to launch a new VIP gambling club at MGM China’s MGM Macau casino on Monday. The club will reportedly encompass 12 gaming tables spread across six rooms.

A little over one year ago, Tak Chun announced it had “suspended” its operations at MGM Macau, which reportedly totaled around 15 VIP tables, along with plans to relocate these tables to Sands China’s shiny new Parisian Macao property.

While Tak Chun usually plays coy with the size of its overall Macau operations, in November 2016 company CEO Levo Chan claimed that the junket operated 13 VIP clubs – including a new club with nine VIP tables at Melco Resorts & Entertainment’s Studio City resort – offering roughly 200 tables in total.