Notorious criminal set to return to Macau’s gambling scene
In a few weeks, Broken Tooth Koi will be a free man and the word on the street is that he will try to reconquer Macau’s VIP junket scene. This business is all about junket operators who offer gambling deals to punters who tend to wager large amounts of money. These so-called ‘high-rollers’ can also borrow money from junket agents, which encourages ‘loan sharking’.
Macau’s VIP junket business is extremely rewarding for leading casino operators, including Wynn Resorts, Las Vegas Sands, and MGM Resorts. Koi was interviewed recently, but he refused to reveal if he would try to regain his position in the VIP junket scene. You may call it a ‘rhetorical question’.
New wave of violence
The Shui Fong gang rules Macau’s VIP junket business at the moment. Market watchers are convinced that Broken Tooth will attempt to regain dominance. Macau police authorities believe that Koi’s return would result in a new wave of violence in the Chinese gambling city. That would obviously affect Macau’s rewarding gambling business. Recent data showed that Macau’s gambling revenue growth has hit the buffers, which has intensified competition among junket agents.