Macao slaps new tax on VIP gambling business

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

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

PAK YIU, Nikkei staff writer

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.

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