Part III: Business & Regulation · Casino Marketing & Player Management

Rolling Chip Turnover

Junket OperationsREPORTED

The total cumulative amount wagered using non-negotiable (rolling) chips in a VIP program, measured across all wagering cycles. Rolling chip turnover is the primary basis for calculating both junket commissions and player rebates. It is distinct from actual cash deposited: the same HK$1 million in rolling chips may generate HK$3–5 million in turnover as chips are won, exchanged, and re-wagered multiple times. The casino’s theoretical win from rolling chip turnover is approximately 2.8% of turnover (based on baccarat’s house edge and game dynamics), making the 1.25% maximum commission represent roughly 45% of theoretical revenue.

In practice

Macau government capped the junket commission rate at 1.25% of rolling chip turnover effective September 12, 2009, to prevent commission inflation that was eroding casino profitability.

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.