HONG KONG -- After weeks of silence about the abrupt disappearance of the junket agents who had been top sources of clientele for years, Macao casino operators are finally acknowledging the impact on their business.
Companies set aside millions for potential losses, see drop in VIP betting
MGM Resorts cited increased regulatory scrutiny and restrictions for its decision to suspend links with Macao junkets, which cut into its revenue. © Reuters
HONG KONG -- After weeks of silence about the abrupt disappearance of the junket agents who had been top sources of clientele for years, Macao casino operators are finally acknowledging the impact on their business.