AGB to host panel on the future of junkets

Analysts expect Macau’s VIP revenue to contract a further 30-50 percent in the coming weeks following the detention of a high-profile junket executive in Macau.The latest events are a harsh wake-up call for Macau, which had been considered more immune than its neighbors to China’s ongoing cross-border gambling crackdown.Responding to these significant events, Asia Gaming Brief is organizing a pop-up forum entitled “Is this the end of junkets?” on Thursday, December 9th, 2021 from 4pm - 5pm HKT.During this forum, industry experts will discuss the implications for Asia's VIP and junket market providing several revenue scenarios for VIP and premium mass, discussing the impact on ex-Macau gaming jurisdictions, how this changes the online gaming landscape, and providing a bigger picture view of China and its latest spate of crackdowns.Speakers confirmed include:- Alidad Tash, Managing Director, 2NT8- Ben Lee, Managing Partner, IGamiX Management and Consulting- Martin Purbrick, Principal, Purbrick& Associates Ltd- Steve Vickers, Founder, Steve Vickers and Associates-Kelly Amato, Director - Southeast Asia Industrials, Fitch Ratings- More to be announced soon.You can register for the webinar now on AGB's website.