Part III: Business & Regulation · Gaming Regulation & Compliance
Junket Agreement
LegalREPORTED
The contractual arrangement between a gaming promoter (junket) and a casino concessionaire that governs their business relationship. The agreement specifies the terms of the promoter’s activities, including the commission structure (now capped at 1.25% of rolling chip turnover in Macau), services to be provided, credit arrangements, responsibilities for player conduct, AML compliance obligations, and termination conditions. Under Macau law, gaming promoters must be registered with a specific concessionaire and may only operate under a formal agreement. All junket agreements are subject to regulatory oversight and must comply with applicable laws and regulations.
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One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.