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Travel & Leisure

Macao slaps new tax on VIP gambling business

Junket operators say 5% levy on casino commissions will 'kill' sector

Macao's landmark Casino Lisboa. The city's VIP gambling business suffered a sharp downturn during the pandemic.   © Reuters

HONG KONG -- Macao is slapping a levy on junket operators that threatens to "kill" the casino hub's once-thriving VIP business, industry insiders say.

The city has started enforcing a 5% tax on the commissions that casino operators pay to junkets, which bring high-roller gamblers, mostly from mainland China, to their venues.

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