Macau Junkets Pinched by new Rules, But Goldman Says It’s not all Bad


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Macau Junket Cycle not Dealing with Structural Issues, Says Goldman Sachs Posted on: October 8, 2020, 01:06h. Last updated on: October 8, 2020, 02:22h. Expertise: Financial , Gaming Business , Mergers and Acquisitions . The current weakness in Macau’s junket industry is a more symptom of supply issues, not structural damage. Today’s cycle, though weak, isn’t as bad as the slump of 2014-15, according to Goldman Sachs analysts. Wynn Macau. China is crimping junket visits, but Goldman Sachs says the situation isn’t structurally bad. (Image: New York Daily News ) Gambling is illegal everywhere else in China. Junkets entice VIPs...