Junket
An organised trip arranged by a casino or promoter for high-rollers, typically including transportation and accommodation in exchange for a minimum level of play.
Detailed Explanation
A junket is a coordinated visit of qualified high-value players to a casino, organised by either the casino's VIP department or an independent junket operator. Junkets typically involve group travel arrangements, complimentary accommodation, meals, and entertainment, with participants agreeing to minimum buy-in or rolling volume commitments.
In Macau, the junket model developed into a sophisticated industry. Independent junket operators maintained relationships with players across mainland China and Taiwan, acting as intermediaries who guaranteed minimum play volumes to Macau's VIP rooms in exchange for a revenue share (typically 1.0–1.35% of rolling chip volume). At its peak, junket-driven VIP baccarat accounted for over 70% of Macau's gross gaming revenue. Regulatory pressure beginning in 2022 dramatically disrupted this model.
For players, junkets offer genuine value: free travel, high-quality accommodation, personalised service, and access to VIP facilities. Players should carefully evaluate whether the complimentaries on offer represent fair value against the committed action.
At a Glance
- Category
- VIP & High Roller
Related Entries
VIP & High Roller
Comp
Complimentary goods or services offered by a casino to reward player loyalty and action.
VIP & High Roller
High Roller
A player who consistently wagers large amounts of money at casino games.
VIP & High Roller
Rating
A casino's formal assessment of a player's gambling activity used to calculate appropriate comp levels.
VIP & High Roller
Rolling Chip Programme
Non-negotiable chips issued by a casino to VIP players that can be wagered but not redeemed for cash, with commission paid on total rolling volume.