Archive for the ‘Slots’ Category

Triads ‘Dominate’ Macau Junkets, Says Academic Paper

Thursday, February 27th, 2020

Triads ‘Dominate’ Macau Junkets, Says Academic Paper

Wan Kuok-koi, aka ‘Broken enamel,’ the notorious leader that is former of 14K Triads, who’s believed to have experienced dealings with the junket industry.

Hong Kong’s triads have actually for ages been known to enjoy ties with Macau’s VIP industry, even though extent that is exact of influence on the junkets has been a point of debate.

But, a criminology that is new, whose scientists spent three years interviewing former triad users, police officers, Chinese officials and VIP room managers, has concluded that the influence of the criminal gangs is pervasive.

In fact, sociology Professor T. Wing Lo and research fellow Sharon Ingrid Kwok of Hong Kong’s City University, conclude the junket industry is inextricably intertwined with organized criminal activity to the level that it is ‘dominated’ by the triads.

This is a market that throughout the height of Macau’s economic boom years was in charge of some 60 % of the enclave’s revenues, indicating that organized crime is just a foundation of the gambling hub’s economy.

According to a member of this notorious 14K triads, interviewed for the analysis, most VIP-room contractors ‘are triads or businessmen having a triad background.’

Symbiotic Relationship

But it is, of course, a street that is two-way the report states that Macau’s VIP spaces are ‘the main drivers of financial earnings for the triads.’

And while the junket operations may currently be on the back foot, due to the (more…)