Junket King Plans Billion-Dollar Moves into Japan, Vietnam

Date

September 1, 2017

Author

Daniela Wei

Source

Bloomberg

Region


Subject

Japan

URL

https://www.cdcgamingreports.com/macau-junket-king-plans-billion-dollar-moves-into-japan-vietnam/

Macau’s biggest junket operator wants to be more than a middleman lender for Chinese high rollers, so it’s spending billions of dollars to transform itself into an overseas casino operator. Suncity Group, which operates VIP rooms where monthly bets recently surpassed HK$130 billion ($17 billion), is looking for partners in Japan after investing in a Vietnam resort scheduled to open in 2019.