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GGRAsia > Newsletter > Newsletter 3 > Macau 2026 junket cap frozen at current level, operator junket caps also held
HeadlinesLatest NewsMacauNewsletterNewsletter 3

Macau 2026 junket cap frozen at current level, operator junket caps also held

Newsdesk Published July 18, 2025
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The Macau government has kept at 50 the cap on licensed gaming promoters – also known as junkets – for the year 2026, relative to this year’s allowance.

The 2026 limit was set by the city’s Secretary for Economy and Finance, according to an announcement published on the website of the local regulator, the Gaming Inspection and Coordination Bureau.

The government has also for 2026 maintained the cap on the number of junkets with which each of the city’s six casino operators can work. Such cap varies from operator to operator, at the discretion of the Macau authorities.

Sands China Ltd and SJM Holdings Ltd have the largest allowance: 12 junkets each. MGM China Holdings Ltd and Melco Resorts & Entertainment Ltd each have a cap of eight junkets. Galaxy Entertainment Group Ltd and Wynn Macau Ltd have respectively a cap of five junket partners.

Macau has seen four junkets added to its roster of actively-licensed gaming promoters relative to figures available in May, according to other updated data published by the gaming bureau. But the latest tally of 29, is still only 58 percent of the 50 allowed.

Historically, a key commercial function of licensed junkets – known under Macau regulation as “gaming promoters” – was to issue credit to VIP players and manage credit-related risk.

But a measure called the “Legal regime of credit concession for games of chance in casinos” – in effect since August 1, 2024 – stipulates that casino concessionaires are the only entities permitted to provide gambling credit to patrons in the Macau market.

VIP baccarat in Macau casinos produced gross gaming revenue (GGR) of MOP16.33 billion (US$2.02 billion) in the second quarter of 2025, up 13.0 percent sequentially and up 22.7 percent year-on-year. That is according to separate government data released on Wednesday

In the April to June period, VIP baccarat accounted for about 26.7 percent of Macau’s just over MOP61.11-billion GGR for the quarter.

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