Macau VIP slots operator says junkets can shift customer preference for baccarat

The CEO of leading Macau casino junket operator Jimei International Entertainment Group has resigned his executive and board positions.

In a filing with the Hong Kong Stock Exchange, Jimei said ‘Kennis’ Wong Kwok Leung had stepped down from his CEO role effective Monday. Wong also resigned from his seat on the company’s board, although he will remain a director of several unnamed Jimei subsidiaries.

Jimei said Wong had left due to his “other business engagements” and that the company doesn’t intend to appoint an interim replacement. Existing management will handle the chief executive responsibilities until a permanent replacement can be identified.

JIMEI VIP SLOTS ROOM OPERATOR DEFENDS BUSINESS PLAN