Casino Junket Operator

[Coin_trader]

but you are telling that they get commissions from their recruits I don't know about it and never heard from reputable casinos. it seems like a scam way to earn money."

This is how referral commission works. Getting a commission from invites is not a scammy way at all because that’s how profit sharing works on business. The only scam here is the promise of fix profit to all the investors of the said junket operators but this kind marketing is widely exist on a big IRL casino since it’s very hard to find VIP through advertisement alone so casino partners with junket to extended their connection and in touch with potential VIP client through work, business and other type of connection which the junket operator have.

This feature is not common since their only target are rich person to receive an offer like this. The OP shared news become popular after this issue of big syndicate become exposed on popular public affair program.

[Wexnident]

~

Hmm, reading about junket operators it doesn't seem like they're that much of a scam? Well, the general idea of it that is. It's similar to agents of businesses of sorts that run around and look for prospective customers. While a lot of them are scams, a few others are pretty legit so I reckon some of these are also one. Idk what kind of attachments/inclusions said operators add though but a 5% income per month sounds pretty dubious alright, outside of that, I reckon it's still possible to exist... I think.

[Crypt0Gore]

This scam scheme just recently exposed to the media due to the tv program and strong social media but this exist long time ago and very popular on reddit. Junket operators is way of foreign money launderers to mix money from investors money on this operators. There’s tons of complaints and reports like this in the past which doesn’t go out to the public because they are being paid or force to a long term contract by the operators in exchange for the promised profit.

There’s really a legit Junket operator but this one is not because it’s a clear ponzi due to the “guaranteed” promise. Too bad that the master mind of this scam scheme is on abroad while all the contracts is not made by him in person so he can get away while the person in charge in PH is the one who will put behind the jail.

You are right, it looks new because the masses are just getting to know about it but actually its been going on for a while, for example this is happening presently in the Philippines, there are now many complaints flooding the NBI ( National Bureau of Investigation ) from investors and account managers of casino junket scam been defrauded of their hard earned money, one of them claimed that the leader duped investors into believing that they would continue to receive 5% monthly ROI and believe me this complains are increasing in numbers.

When they ways you plan to get money is too easy without any hardship then it's a trap, you will one way or the other pay for it, I don't know how a business strategy would survive with a long term five percent daily on their investment, it's crazy that people are believing this nonsense, this is the kind of offers I will turn away instantly because there is always more to this type of attractive offer, for me to grab any chance even if it's the most needed, it has to be a fair deal.

When an offer is too interesting and hard to turn away from you are the ultimate goal, but mind you, there is a consequence that will strike you hard in the future.

[aioc]

Casinos prioritize rich clients but someone or a group must lead these VIPs to them so they work with casino junket operators to make sure that these VIPs will work for them the business model is legal they are not employed they only have cooperation with junket operators.

The scammers are using this business model because there is money coming, their clients are rich people and there's a continuation of business because it is gambling, scammers can use this business model so if you're investing in a casino junket business be sure that you are with reputable junket operators and with good feedbacks coming from casinos.

[YOSHIE]

Casino Junket Operator

Talking about Junket Casinos, the mainland Chinese government has issued an official letter for the arrest of the junket operator and casino founder named Chau and he is currently on trial, located in Macau, as far as I know, Macau is one of the biggest gambling businesses, there are many ways used by casinos to attract gambling users, one of which is what Chau/junkets do.

As far as I know, the actions of junket operators have been going on for a long time in terms of loans given to gambling players there, but recently junket casino agents have gone too far and burdened the players with loans, that's one reason their actions are illegal, under the guise of offering big prizes to gamblers, the fact is another, they are worse than loan sharks in collecting debts.

In fact, there are several cases that require junket operators and others to be prosecuted.
For example:

Macau's Public Prosecution office has indicted Alvin Chau, founder of Suncity Group, for illegal gambling, criminal association, fraud, and money laundering. In total, 21 people have been charged in the same criminal case.

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

Yes, but the VIP offered is truly fair and trustworthy, does not burden just one party, more clearly there is no criminal activity in the bonus offer.

[Mr. Magkaisa]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

       -   It appears that the controversy created by the couple Mikee and Yexel in the scam issue in which they are involved has made its way to this discussion site. How did they manage to defraud their investors of so much money? Despite Yexel's continued denials.

He truly used the casino trip as a cover to get a victim into a situation like this. Prospects were seduced by the promise of a 5% monthly return on their investment, but this is not what will actually happen. To that couple, all I can say is that they are just as deceitful as their interlocutors. So let's always be on the lookout for scammer or con artists.

[Blitzboy]

This scam scheme just recently exposed to the media due to the tv program and strong social media but this exist long time ago and very popular on reddit. Junket operators is way of foreign money launderers to mix money from investors money on this operators. There’s tons of complaints and reports like this in the past which doesn’t go out to the public because they are being paid or force to a long term contract by the operators in exchange for the promised profit.

There’s really a legit Junket operator but this one is not because it’s a clear ponzi due to the “guaranteed” promise. Too bad that the master mind of this scam scheme is on abroad while all the contracts is not made by him in person so he can get away while the person in charge in PH is the one who will put behind the jail.

You are right, it looks new because the masses are just getting to know about it but actually its been going on for a while, for example this is happening presently in the Philippines, there are now many complaints flooding the NBI ( National Bureau of Investigation ) from investors and account managers of casino junket scam been defrauded of their hard earned money, one of them claimed that the leader duped investors into believing that they would continue to receive 5% monthly ROI and believe me this complains are increasing in numbers.

When they ways you plan to get money is too easy without any hardship then it's a trap, you will one way or the other pay for it, I don't know how a business strategy would survive with a long term five percent daily on their investment, it's crazy that people are believing this nonsense, this is the kind of offers I will turn away instantly because there is always more to this type of attractive offer, for me to grab any chance even if it's the most needed, it has to be a fair deal.

When an offer is too interesting and hard to turn away from you are the ultimate goal, but mind you, there is a consequence that will strike you hard in the future.

This investment disaster rollercoaster is fascinating, and your views are spot-on. Looking deeper into this chaotic ocean of casino junket scams, it's amazing how these "surefire" profit machines are designed to explode, right? Fast, easy capital is irresistible.

Consider this: what if we focused on building a coalition to validate these seemingly shiny prospects instead of chasing fast wins? Openly sharing scam and dangers experiences creates a comprehensive community database of “what to avoid”. Imagine securing your money and creating a bulwark against future predators. Do you think a collective, knowledge-driven shield is worth the risk?

[coin-investor]

       -   It appears that the controversy created by the couple Mikee and Yexel in the scam issue in which they are involved has made its way to this discussion site. How did they manage to defraud their investors of so much money? Despite Yexel's continued denials.

He truly used the casino trip as a cover to get a victim into a situation like this. Prospects were seduced by the promise of a 5% monthly return on their investment, but this is not what will actually happen. To that couple, all I can say is that they are just as deceitful as their interlocutors. So let's always be on the lookout for scammer or con artists.

They both deserve to be everywhere where scams are the topic this is to warn people of their scheme and to warn people wherever in the world that these are families of scammers, they are good because they learned how to use words to scam people.

With huge money in their hands, they can now pay people or bribe them so they can escape from persecution, their visa will soon be voided and they will be fugitives just like one politician.

They choose huge money from scamming for their safety, now that they are exposed, Filipinos from countries where they escape will avoid them or even report them, it's only a matter of time before these scammers will go to jail.

[wallet4bitcoin]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

One thing I know about Casinos is that they are good at giving baits that will, in one way or the other, rope you into subscribing to their services. It doesn't matter how far you are, once you are a gamer and you hear those offers, you'll consider giving it a try but to a Casino that gives too much offers, you'll want to ask, what's in it for them, as they can't sustain certain offers for a long period of time.

Offering accomodation and other incentives are either subject to a particular class of games meeting some exhorbitant demand or something, not just for the regular class else it raises dust.

[Fortify]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

You seem to be a bit confused in your diagnosis of the situation. This was a simple scam disguised as a way to make money by "investing" in casino, it was purely a ponzi scheme and they always come with an angle that is used to draw investors in. There needs to be a believable background story to any ponzi scheme, this is where you get it wrong. There are real referral programs out there, another word for this casino junket description you use, that really pay out marketers a percentage of the customer deposits over the lifetime of the account that is referred. This is why the ponzi scheme worked so well, because there are genuine people making a genuine income from this industry. However the organizers were not legitimate and just stealing money. Understand the story before making false accusations.

[redsun114]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits

What's the confusion about? You said it yourself, they do that so that they can earn some money from the casinos because they are referring VIP players to them, that's they main purpose.

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

I am not sure what you are expecting but yes, casinos do have affiliate programs where a user can bring players to them and they will pay a percentage of what their referrals have wagered and I think it's basically the same thing that you described in the beginning. Other than that, I don't know if they actually offer any other thing to the player unless they are VIP themselves which then makes them eligible for the VIP perks and benefits but that's a different thing.

[Sandra_hakeem]

2 months ago I saw on YouTube, channel owners who had a lot of followers being paid by a certain casino so that these channel owners with a lot of followers started promoting the casino, the strangest part I saw was that the guys on YouTube They said that when people put money in the casino they would receive dividends every month, so many people started depositing money in the casino in the hope that they would receive dividends every month, as a month has 30 days, so when people deposited money at the casino, they leave the money in the casino account and wait for 30 days for dividends to be paid, but it turns out that after 30 days

Wait a sec..., peeps actually deposited cash in a CASINO With the hope to get monthly dividend? Since when did casinos begin to induce fiscal policies on Thier customers? How were they able to convince some set of gamblers with this theory? Are people really that gullible with Thier funds??
a casino isn't a commercial bank...so for that reason, I can't entrust my funds on them unless with the purpose of gambling ... It's actually appalling when famous peeps on the media decides to run such ADS just for some few bucks, without even considering the effect at the end... It's just gonna get Thier Trust score harmed.

Sandra 🧑‍🦰

[Oilacris]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

I think there's a legitimate running business model like this and casino use this just to make their VIP stays on their casino, they offer a lot of benefits and loan to make sure that those gamblers will be tied up on their casino. But what you show here is a pure ponzi schemes since and they just use the casino junket name as an excuse so that they have something like a escape route then tell that there's money is gone since they lose it for the said business. Investors now crying out loud for the money they lose from said program that's why its never good to invest any amount if we are not sure on what they are doing. Also ask for the right contract if they are really running a legitimate business so that we can avoid such the same unfortunate incidents. To many times this happen and we need to understand that casino exist in any forms and we should not invest on to good to be true offers presented to us.

Everything could really be applied if you are really that plan on scamming or swindling investors in the first place on which you would really be able to say about those common reasonings on which it would really be that really just depending on how you would really be doing your action basing up with your own common sense. Sometimes people do really lost off track into their jurisdiction and good decision making specially if they had been offered out by something big or something that makes a good deal without even trying to look back on whats the risks involved which it is really just that too obvious but they are really that making themselves blind. If the said scammers did mention about Casino junket then it might be true but on the essence on how they do accept investment or peoples funds and on the % that they do earn monthly then it is really that pretty obvious that this is some sort of another ponzi scheme which its not really that hard to determine or find out if
you are really just that simply using your own common sense.

[passwordnow]

I think that I've heard it but it's like that you're funders of the casino and they won't just be asking for small-time ones but the bigger money to come into them. IMHO, this is already a red flag as this is being used to scam people and as we know the casino business is a big business that requires huge money, and whoever establishes one is already prepared for the big influx of money, in and out. When things are too good to be true and you're just going to sit back, relax, and earn just as promised with a huge percentage of ROI, that should be when you fear them because it's not going to last longer when it's intended to scam its investors. Too many scams are out nowadays and these are attracting a lot of people that probably have extra cash to spend and make them so that their money will work for them. If there's a legitimate one, I wouldn't still get into them because there's a chance that they'd just do what the scammers do. Rather invest your money to something more reliable and truthful or gamble your money if you want to find some entertainment.

[cryptomaniac_xxx]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

It's mostly on land base casino though, and I think it's legal for this junket to operate within the bounds of Pagcor (Philippine gaming corporation). But I'm not sure if this is the case for online though, or it is then we can call them affiliates, as they are the one like offering this similar setup, they work with online casinos and they make money out of these players that they have recruited.

But in this case though, it seems as you have said they uses this legit junket operations as front for some kind of investments. However, it turn out to be that this investment is a scam, another too good to be true offer. But perhaps since it is in the guise of a legit junket operations, many big time personalities and most likely whales fell for this kind of setup and trap.

[lienfaye]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

I think there's a legitimate running business model like this and casino use this just to make their VIP stays on their casino, they offer a lot of benefits and loan to make sure that those gamblers will be tied up on their casino. But what you show here is a pure ponzi schemes since and they just use the casino junket name as an excuse so that they have something like a escape route then tell that there's money is gone since they lose it for the said business. Investors now crying out loud for the money they lose from said program that's why its never good to invest any amount if we are not sure on what they are doing. Also ask for the right contract if they are really running a legitimate business so that we can avoid such the same unfortunate incidents. To many times this happen and we need to understand that casino exist in any forms and we should not invest on to good to be true offers presented to us.

This issue became popular when the investors asked for help on a popular radio program in PH. The contract they received for investing their money is loan contract which is questionable and as an investor, it's an indication that something is wrong. However they turned blind for the 5% promise interest monthly. Although it is too good to be true, some investors are still naive on this kind of scheme.

Casino junket might be legit and partnered with big casino. But don't risk your money just because you're promised of high return if you give a certain amount as an investment. Too bad the victims fall in this trap.

[ultrloa]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.

I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi.

https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusations

I’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks.

It's mostly on land base casino though, and I think it's legal for this junket to operate within the bounds of Pagcor (Philippine gaming corporation). But I'm not sure if this is the case for online though, or it is then we can call them affiliates, as they are the one like offering this similar setup, they work with online casinos and they make money out of these players that they have recruited.

But in this case though, it seems as you have said they uses this legit junket operations as front for some kind of investments. However, it turn out to be that this investment is a scam, another too good to be true offer. But perhaps since it is in the guise of a legit junket operations, many big time personalities and most likely whales fell for this kind of setup and trap.

Those people didn't disclose to their costumer on where they gonna use the money invested to them and investors just find out when everything is on mess that their money is used on casino junket that's why they got angry when they hear that information coming from well known influencers. And now they are investigating this case since it seems that there's big syndicate behind this scams. This issue is now popular followed by many people in Philippines and everyone is waiting for the updates since the people behind this scam is now fleeing then go abroad. I really hope that official can solve this case since this is really a big syndicate that they can abolish.

There are really a legal junkers and that case they just use this business to make something relevance on their claims and make people believe that there are running business behind their investors.

[Fivestar4everMVP]

~

Hmm, reading about junket operators it doesn't seem like they're that much of a scam? Well, the general idea of it that is. It's similar to agents of businesses of sorts that run around and look for prospective customers. While a lot of them are scams, a few others are pretty legit so I reckon some of these are also one. Idk what kind of attachments/inclusions said operators add though but a 5% income per month sounds pretty dubious alright, outside of that, I reckon it's still possible to exist... I think.

Considering what some really big casinos make as profit on weekly and monthly basis, I would also agree that this is very possible to exist, i mean 5% income per months sure is high when we consider what big cooperations like banks offer to their customers, but such an offer still does not really sound too good to be true, it's still very possible for such offer to exist and also be genuine.

But this is not to also say that it's not possible that it could be a scam, most especially if the casino or the casino junket operator making this offer available does not look like they worth it, then i possibly might see this as a possible Ponzi scheme programmed to lure people and at the end of the day, steal their money and run away.

If a company like Stake.com should open an investment opportunity where they offer investors 5% income per month, i wouldn't see this as Ponzi scheme because Stake is worth it and even much more, so the deciding factor here depends on the casino or the junket operator making this offer, if they do not look like they worth it, then its possibly a scam.

[Wind_FURY]

This scam scheme just recently exposed to the media due to the tv program and strong social media but this exist long time ago and very popular on reddit. Junket operators is way of foreign money launderers to mix money from investors money on this operators. There’s tons of complaints and reports like this in the past which doesn’t go out to the public because they are being paid or force to a long term contract by the operators in exchange for the promised profit.

There’s really a legit Junket operator but this one is not because it’s a clear ponzi due to the “guaranteed” promise. Too bad that the master mind of this scam scheme is on abroad while all the contracts is not made by him in person so he can get away while the person in charge in PH is the one who will put behind the jail.

But from what region of the world are those foreign money launderers from? Because if it's from China, the scheme probably goes deeper than mere money laundering because there are capital controls with a maximum of only $50,000 per year to transfer cash outside the country.

Those "foreign partners" could really be illegal remittance agencies that help wealthy Chinese people get around capital controls.

Furthermore, Chinese Bitcoiners should educate the wealthy Chinese about Bitcoin/censorship-resistance, and how they could send more than $50,000 anytime by using the network. Those Chinese Bitcoiners could probably sell their Bitcoins at a premium and buy them back at the regular price.

[Eureka_07]

I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link.
<snip>

The term "lure" might come across as somewhat harsh, given that there are junket operators who operate with transparency and integrity. They earn their income through commissions obtained from the casinos where they successfully attract high-rollers and VIPs, akin to how review websites function.

In the case of Yexel Sebastian and Mikee Agusting, the situation was different; investors directly provided their funds to them, not to the casino. This may not fit the traditional definition of a junket operator, does it?

I'm curious if they implemented a referral system as part of their scheme, but I haven't been able to find any news articles or information on this. Does anyone have any insights or information regarding this aspect?