Macau’s Junkets Face Tough Trading As Mainland Downturn Bites

Despite posting a small rise in November, third-quarter VIP Baccarat volumes have fallen sharply in Macau, putting a worrying dent in overall casino revenues even ahead of a proposed cap on junket commissions. But analysts disagree on the cause of the worrying decline – the mainland economic slowdown, reckless junket lending and a boom in side-betting are all being touted as causes.

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