Wynn Resorts Liable for Junket Debt: Macau Court Watershed Ruling

Posted on: November 24, 2021, 10:34h. 

Last updated on: November 24, 2021, 01:53h.

Macau’s Court of Final Appeal on Wednesday upheld a ruling that found Wynn Resorts Macau jointly liable with a junket operator, Dore Entertainment, for a HK$6 million (US$747,482) debt to a VIP player.

Wynn Macau
Paulo Martins Chan, former DICJ chief, at a press conference prior to quitting the post last year. He believes today’s ruling will disrupt Macau’s junket model. (Image: Macau Business)

Experts expect the ruling to have far-reaching implications for Macau’s casino industry and its relationship with the junket sector.

The case dates to 2015, when Mimi Chow, then a cage manager for the junket’s private VIP room at the Wynn Macau, absconded with around HK$700 million ($US 90 million) in high-roller deposits and investments. Her whereabouts remain unknown, and the money has never been recovered.

Chow Still at Large

In the aftermath of the crime, several lawsuits were brought against Wynn Resorts Macau by individuals who claimed they had lost money. The plaintiffs said Dore was not paying up and sought restitution from Wynn.

Of these claims, just one, for $HK6 million was permitted to proceed, because the others could not provide documentation that proved their losses.

Wynn argued Dore was merely a contractor, and it had no responsibility towards the junket’s debts. Meanwhile, Dore claimed Chow acted for herself when she solicited the deposits and investments without the knowledge or backing of the company.

The court agreed with Wynn that Dore was liable. But that ruling was overturned in 2018 when an appellate court determined the casino license holder had joint responsibility for the debt.

In the wake of today’s ruling, Wynn issued an investor alert. It said while the ruling was final, it was seeking legal advice from its counsel in Macau.

The ruling will shake the foundations of the VIP segment in Macau. The junkets have long been the lifeblood of the segment, luring wealthy whales to play at the high-stakes baccarat tables. But their affairs have always been treated separately from those of operators.

How Junkets Work in Macau

Typically, junket clients pay money upfront via bank transfer prior to their trip. This buys them credit in the form of non-negotiable “rolling chips” at a casino VIP room. It also allows Chinese players to dodge the strict controls on the movement of large amounts of money out of China.

Operators usually pay their junket partners a monthly commission, provided the gamblers they bring can hit a minimum guaranteed turnover. The junkets will then settle with clients once they return home.

But if Macau’s license holders are now financially responsible for some of the actions of the junkets, they may have to rethink the model.

“If the license is yours, the problem is yours,” Paulo Martins Chan, former head of the Macau gambling regulator DICJ, told Macau Business.

“You have to find a way to control, according to the contract between the junket and the concessionaire [casino licensee]. So, if one day, the court decides that the concessionaire is also responsible, the gaming operator will have to be more careful when selecting the junket, or they’ll have to manage VIP gaming by themselves,” he added.


  1. The present by ufabet website ufa. ufabet no.1 online Can you enjoy for any school soccer group? Perhaps you the same as to look out there around the discipline and fool around with the buddies. You could possibly aspire to be the next excellent soccer participant. Regardless of what, football is exciting, and it also will take ability in order to become a better gamer. Check out these suggestions on for dimension as you may read more about football.

    Be sure to buy lots of protective gear if you intend on actively playing football. Heavy stockings are a good investment given that they help prevent cramps and lesions. Shin guards are a great purchase, and you need to never play soccer without them. They may guard from injuries caused by kicks and tumbles.

    Once you get the soccer ball in football, make sure you play it quickly. You have to get and give the golf ball rapidly within a couple touches. Should you keep to it too much time, you raise the chances of you burning off it. Even when you don’t get rid of it, positioning it too much time can eliminate an strike and offer a chance for another group to have back again on defense.

    Always anticipate to receive the soccer ball. You need to be targeted on your ball at all times and try projecting who the participant will complete it to. Predicting just what a gamer does can become much easier as you grow utilized to actively playing with similar crew. Ask for the ball should you be within the finest place.

    Whenever a defender is shifting for your needs, move the tennis ball. The soccer ball must be held for a long period so you’re in a position to advance past every person securely to help you move it away. The newest gamer then includes a jump start from their very own defenders.

    Great soccer mother and father never interfere with teaching. If you attend your child’s soccer online game remember to be positive and encouraging and be a great sports activity. Don’t secondly imagine the coaches. if you are considering training, you need to supply your services, but don’t make a pest of yourself at your child’s football activity.

    Equally short and lengthy passes are essential to keep the tennis ball far from defenders. Once you get near to the target, quick passes might be important in having the golf ball to some teammate who seems to be in stronger position. Lengthy passes by might be valuable when lots of activity is going on on one aspect in the discipline to maintain your group in control of the golf ball.

    You should make selections quickly whenever you perform. Should you wait for the 2nd, you are taking the danger to shed the ball. Creating quick judgements may become less difficult when you practice and familiarize yourself with players on your crew. Constantly check out the sector to see the other participants are doing even should you not hold the ball.

    It is time for you to provide the recommendation you’ve study out into the discipline. You must also maintain being familiar with an excellent sport activity. There is not any limit for the capabilities one can learn and use, so get out there and take advantage of the game you love to play.

Leave a Reply

Your email address will not be published.