Junkets in Macau are companies that bring in high-rollers from China and Asia to casinos. They extend credit to gamblers and also collects debt on behalf of casinos on a commission basis.

Macau's junket operators are funded by a large pool of investors and the Macau junket industry accounted for nearly $30 billion of Macau's $45 billion gaming revenue last year.

Mr. Huang Shan who skipped town with about $1.3 billion, is just one of several from the junket industry who ran off with debts, according to a senior casino executive. Source

I recall Genting was longing to have more junkets in Singapore during the recent AGM and the director was gushing about how much more revenue could be earned if Singapore had junkets on a larger scale. While junkets don't normally crash and burn like this if there is enough money to be earned by everyone, I do ......