The Macau Association of Gaming and Entertainment Promoters has developed a credit database that will monitor credit issued to individual players by junket runners in the city and flag high rollers who carry too much debt.
President Kwok Chi Chung told GGRAsia the system is now under review by the Macau government.
“We’re in the process of presenting the credit database to the Office for Personal Data Protection,” Kwok said. “During the setting up of this database, we’ve been communicating with the office and they know how our system operates.
“We are also communicating with the Gaming Inspection and Coordination Bureau regarding the use of this database,” Kwok added. “The bureau’s response has been supportive so far.”
DICJ head Paulo Martins Chan told GGRAsia last May that there is no timeline for rollout of the program. “We first need to achieve a consensus” on the viability of the program, he said. “Then we need to meet with the Personal Data Protection Office, and after that comes the law drafting stage. Therefore I think it will take some time.”
Kwok says when VIPs apply for credit from local junket operations, they will be asked to disclose credit details for addition to the database. He said the system would include some of Macau’s largest VIP gaming promoters including Suncity Group, Tak Chun Group and Guangdong Group.
“The more junket firms use the database, the better the shared intelligence to prevent bad debt,” he said. “Our association will encourage junket firms to become a member of our group to have access and use the database.”
