Deadbeats beware! If you don’t pay your markers in Macau you may become a feature player on a bilingual website that identified a blacklist of gamblers, mostly from China, who have failed to repay junket operators who fronted money for their Macau visits.
The website, called Wonderful World in English, lists more than 70 people who it says failed to repay gambling debts, according to a story filed with Reuters by Hong Kong-based writer, Farah Master.
Not only are the gambling deadbeats’ features described but some photographs are displayed prominently.
But, it is legal?
Reportedly the police are scrutinizing the website to determine whether privacy laws are being violated.
The unique method being used to jolt deadbeats into action was developed because collecting gambling debts in China is illegal. Thus, Macau casinos rely on junket operators, who advance gambling chips to their customers, to handle both loans and collections.
Such activity may be less prominent in Singapore where only two companies have been given licenses to operate casinos. There, it is believed, high rollers have been given lines of credit that place the casinos at risk.
In Las Vegas, gamblers who fail to pay their markers or submit checks that bounce are subject to prosecution.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at [email protected].