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The NSW, Victoria and Western Australia casino regulators confirmed they were reviewing the allegations of money-laundering of Asian criminal gangs via junket operators targeting Chinese high rollers who come to Crown's casinos in Australia. The NSW government has strict rules around the operating of casino junkets, which came into effect in The allegations about the criminal links of junket operators used by Crown were aired on Nine's 60 Minutes program and in the group's newspapers The Age and The Sydney Morning Herald.

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But even in terms of total revenue, Macau is still three times bigger than Las Vegas. By any measure, Macau is the casino capital of the world, leaving Las Vegas its dust. How Macau has raced ahead is perhaps even more remarkable.

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It adds some hard-number estimates — including the number of tables controlled by each of the six — to a previously hazy market segment. It accounted for The director added the official updated list of licensed junket operators should be made public soon.

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Macau casinos pulled in a record Inanother 11 million visitors came from Hong Kong and Taiwan. To circumvent that, Chinese high rollers can do one of two things.

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Its permanently lit marble corridors are haunted by the vague smell of recycled cigarette smoke and disinfectant. Easy-listening jazz echoes on an endless loop; a timeless, hermetically sealed consumer limbo with free wi-fi. From the inside there are few gaps in the facade; the windows of the hotel towers look down into a sculpted courtyard of greenery and swimming pools, tended constantly by gardeners in straw campesino hats.

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Junket promoters source high rollers for casinos in exchange for a percentage of their play, limited to 1. Casino operators contend they welcome the shift. Mass market play provides higher margins with few hassles and more opportunities for additional revenue from rooms and spending that casinos give away to VIPs.

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Australia's government on Tuesday ordered an inquiry into allegations that police, customs and immigration officials illegally smoothed the way for a prominent casino group to attract Chinese high rollers. Crown casinos has been in the spotlight since Sunday when a series of media reports alleged it used junket operators with links to Asian triad gangs, that drug traffickers laundered money through the company, and that government employees gave special treatment to wealthy Chinese gamblers. Officials are accused of waving Chinese VIP gamblers through customs, issuing fast-track visas to high rollers and moonlighting for a VIP visitor to the casino.

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Outside of Asia, the term 'junket' is perhaps somewhat of a mysterious concept, so let us explain what a junket is and shed a little light on how they work. Firstly, a junket is essential the equivalent of a high stakes or VIP room in the west; the only difference is that in Asia when they say it is a room for High Rollers — they mean really high! While the media keeps shining their spotlight on the Las Vegas market, in fact, the Asian casino market is head and shoulders above anything happening in the USA. Macau casino revenue in June surprised analysts by growing 5.

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Licensed in Macau, junkets help collect debts in China although their presence on the mainland is in a legal grey area. AMAX Holdings Macau, a minute ferry ride from Hong Kong, has more than registered junket companies, also known as VIP room operators.

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Alex Rankine reports. It seems people are queuing up to throw money at an activity that they are almost guaranteed to lose. At least one group of users has no illusions about whether they are likely to win and are not there for fun.

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