Licensed Macau Junkets shrink by 10.6% in 2016

The number of Macau casino junkets has tumbled by 10.6 percent in 2016, according to the latest figures provided by the Gaming Inspection and Coordination Bureau (DICJ).

Data from the DICJ showed that the number of licensed gaming promoters in Macau dropped from 141 in January 2016 to 126 in January this year. The figure includes both companies and individuals licensed as junkets.

It wasn’t clear what caused the number of junket operators to drop but it has been a trend over the past three years. In January 2015, Macau had a total of 183 licensed junkets.

Part of the reason, according to many analyst, was that the local and mainland government policy demands Macau become a tourism and leisure destination, with less focus on gambling, especially at the high end.