Macaus Government Caps Casinos Junket Commissions at 1.25%
Sept. 22 (Bloomberg) — Macau, the worlds biggest gambling hub, will limit the commissions casino operators pay to junket agents at 1.25 percent of the net rolling chips, helping gaming companies cut costs.
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Do you know that:
- At land-based casinos, both the player and the boxman need to be on the lookout for crooked dice in the game of craps. Each number when added together with the number on the side opposite it, will add up to 7. For example, 6 is opposite to 1. When the dice are crooked, they do not add up to 7.
- The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
- Gaming is now the States' favorite pastime. More individuals gamble than the combined total of those attending movies, sports, music events, theme parks and live entertainment.
- U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.