Casino Junket Operator

[AbuBhakar]

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.

[1714544486]

1714544486

[1714544486]

1714544486

[1714544486]

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[Hispo]

I had not heard about it, though.
Thanks for giving the headsup on this scam accusation. I personally try to go and follow my instinct that 5% per day/month is definitely a scam.

The only cases I have seen myself are Ponzi schemes dressed up as betting platforms, where it is basically impossible to lose money and people get up 5% daily because partaking in false sportbetting in the ficional casino. In the end it is always the same, the money gets seized and the scammers withdraw it all towards their own private wallet. 

I have noticed that these days Ponzi schemes tend to be very camuflajed, so people will think they are actually doing investments, or betting, or buying precious metals from home.

Keep us updated when this scheme collapses.

[Agbe]

Some parts of the link you provided is written with native language so  none native speakers can not understand the whole message but that is not withstanding. Their work and referral workers are similar. Those junket operators are part of the company, and as the article from the link said, their are legit ones and the Ponzi schemes use the legitimate ones as cover up to scam people. Casinos use to share their links and invite, influence and convince some big men to visit the casinos site and I'm most case they use the link to create the sign up so that the referral link payment will directly go to their accounts. Well this days I am not seeing them again. And I believed they are planning another strategy to laugh so they can defraud innocent people. Scammers move as group, so when they are convincing someone they will refer you to one another making the thing look legit while it is a Ponzi scheme.

[Beparanf]

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.

[Slow death]

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

people didn't receive any dividends, so they started trying to make withdrawals, but they couldn't because the system told them that they had to fulfill the wagering requirement, as people didn't know anything about casino, they got in touch with support, who told them I told them to place a bet if they wanted to make withdrawals, with great naivety people placed bets and lost everything, then many of them started crying on social media, then the guys who own YouTube channels deleted the videos that said people would earn dividends when they placed money in the casino

and they start posting videos in which they say that people should play responsibly and that gambling does not give guaranteed profits, in other words, the guys on YouTube received a lot of money from the casino to keep lying to people, something sad and shameful, so The case ended up in court, but the casino has a Curacao license, no one knows the real identity of the casino owner, so the court has no way of arresting the casino owner.

[Wiwo]

Some parts of the link you provided is written with native language so  none native speakers can not understand the whole message but that is not withstanding. Their work and referral workers are similar. Those junket operators are part of the company, and as the article from the link said, their are legit ones and the Ponzi schemes use the legitimate ones as cover up to scam people. Casinos use to share their links and invite, influence and convince some big men to visit the casinos site and I'm most case they use the link to create the sign up so that the referral link payment will directly go to their accounts. Well this days I am not seeing them again. And I believed they are planning another strategy to laugh so they can defraud innocent people. Scammers move as group, so when they are convincing someone they will refer you to one another making the thing look legit while it is a Ponzi scheme.

That's true because whatever is the legit,  there will always be fake of it,  that is why we need to verify everything before we start at some point we know that most of the influencers inform of centralized content promoters and influencers will always go all out to bring to the table what their benefits are and at that,  the more the revenue that the casino generates,  the more rewards they get in the cashback session,  so some of them will go as far as sponsoring some form of luxury lifestyle for their VIP players just like the op mentioned but mind you,  the money still comes from the gambler because, in the end,  they get paid from the wagering of the gamblers at the end of every month.

[Mahanton]

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.

Basing up on the given link then it is really that mentioned that he's making out some ribbon cutting on an opening of some company and telling about Casino Junket but the question is, how he would really be able to prove out that he's really that in contract or in partnership with such person? If there would really be some sort of documentation which it would prove out such partnership then he might have said the thing which is true but
it is really that to believe that everything would really be that verbal. Basing up on that you had said about how Junket operators do their work then this is my first time on hearing out that this how it works on which trying out to mix their money with those investors. Dont know on whats the deal or agreement about profits whether its fixed or not but its impossible for investors to dive in without having those kind of claims and assurance
basing up on what they had invested.

So how does one would really be ending up on losing their money? If it was really that indeed had been invested into that Junket just on what that accused been saying? In overall, it is really that hard
to believe on what those people been saying considering on the amount that had been taken or been ran on, P200M is  = $3M dollars which its not really that a joke amount.
Tons of people would really be coming after you after you have promised some returns to it. Somehow on this condition you could really say that those victims do deserve those things
on why the hell they do really get easily hooked by easy money returns without doing and its something that too good to be true but still they do continue on doing such
thing until they would be putting up themselves on such situation.

[abel1337]

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.

Basing up on the given link then it is really that mentioned that he's making out some ribbon cutting on an opening of some company and telling about Casino Junket but the question is, how he would really be able to prove out that he's really that in contract or in partnership with such person? If there would really be some sort of documentation which it would prove out such partnership then he might have said the thing which is true but
it is really that to believe that everything would really be that verbal. Basing up on that you had said about how Junket operators do their work then this is my first time on hearing out that this how it works on which trying out to mix their money with those investors. Dont know on whats the deal or agreement about profits whether its fixed or not but its impossible for investors to dive in without having those kind of claims and assurance
basing up on what they had invested.

So how does one would really be ending up on losing their money? If it was really that indeed had been invested into that Junket just on what that accused been saying? In overall, it is really that hard
to believe on what those people been saying considering on the amount that had been taken or been ran on, P200M is  = $3M dollars which its not really that a joke amount.
Tons of people would really be coming after you after you have promised some returns to it. Somehow on this condition you could really say that those victims do deserve those things
on why the hell they do really get easily hooked by easy money returns without doing and its something that too good to be true but still they do continue on doing such
thing until they would be putting up themselves on such situation.

The one who collected the money or investment are social media influencers which has a huge followers, they keep flexing all their money on social media which attracted investors after these influencers offered an investment plan. Victims told the media that they suppose to get investment contract but instead they receive a loan contract turned to be a red flag. It's not a small amount but the people who invested are just blinded how good the offer is and also how good the influencer convinced the victims. There are victims that the source of money was casino junket after other victims exposed the social media influencers.

[bitbollo]

...

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

I think that these kind of services are always offere to "high spender".
But as always there is the usual "motto" to be applied: no one gives anything for nothing. I personally would avoid such a situation as it feels forced to have to play, spend... and even lose a little who knows

[Mahanton]

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.

Basing up on the given link then it is really that mentioned that he's making out some ribbon cutting on an opening of some company and telling about Casino Junket but the question is, how he would really be able to prove out that he's really that in contract or in partnership with such person? If there would really be some sort of documentation which it would prove out such partnership then he might have said the thing which is true but
it is really that to believe that everything would really be that verbal. Basing up on that you had said about how Junket operators do their work then this is my first time on hearing out that this how it works on which trying out to mix their money with those investors. Dont know on whats the deal or agreement about profits whether its fixed or not but its impossible for investors to dive in without having those kind of claims and assurance
basing up on what they had invested.

So how does one would really be ending up on losing their money? If it was really that indeed had been invested into that Junket just on what that accused been saying? In overall, it is really that hard
to believe on what those people been saying considering on the amount that had been taken or been ran on, P200M is  = $3M dollars which its not really that a joke amount.
Tons of people would really be coming after you after you have promised some returns to it. Somehow on this condition you could really say that those victims do deserve those things
on why the hell they do really get easily hooked by easy money returns without doing and its something that too good to be true but still they do continue on doing such
thing until they would be putting up themselves on such situation.

The one who collected the money or investment are social media influencers which has a huge followers, they keep flexing all their money on social media which attracted investors after these influencers offered an investment plan. Victims told the media that they suppose to get investment contract but instead they receive a loan contract turned to be a red flag. It's not a small amount but the people who invested are just blinded how good the offer is and also how good the influencer convinced the victims. There are victims that the source of money was casino junket after other victims exposed the social media influencers.

If thats the case then its clearly it was a scam since from the start. How people do get blinded about having signing up some loan contracts instead of investment contract if it was really that an investment?

It does really shows on stupid those people are and making investments blindly without even trying to dig out on whats the real deal that they are facing on, on which they are really just that too much focused on
getting those returns without even trying to look on what are those potential risks that they could face on.Its always been that a golden rule that everything that turns out too good to be true then its most likely a scam or definitely a scam but still there are really that those stupid people who cant really just resist even it is really that obvious that it is really that clearly something fishy with those.
Getting some huge % on a specific amount of time without doing anything? You should really be thinking up twice already because there's always a catch always in the end and this is something
that you should really be looking into.

You wont really be getting wrecked if you had just made yourself that wise when it comes to decisions and really that making use of your own common sense rather than on making
yourself getting blinded with those offers which are obviously that a scam attempt but people do really likes on losing money first before they would really be learning their
lesson on which this had been always the case.

[Nwada001]

I don't know where I have heard about such a thing or if I can still get the link to the advertisement, but I am very sure I have seen one of these celebrity influencers advertising such a service on their page in one of their social media accounts, where they were saying the gambler doesn't need to worry about losing everything to a casino that won't appreciate them for playing in their casino, and there was also some cash back promise in that advertisement up to 10% of the weekly loss to the player, which makes me wonder what kind of terms might be applicable to such an offer.
 
This thread just reminds me of how that advertisement went, as there were some users whom they claim are gamblers who have testified to using such a service and have visited a place where they had not been before with the help of those agents. There is always a percentage that those involved get from bringing in high wagers, as that can't be free, and not everyone will also be able to enjoy that benefit, as such luxury costs more, and maybe you need to have a wager up to an amount rounding up to millions of dollars before you can benefit from such an offer.

[Text]

Casino junket operators do play a legitimate role in the gambling industry, but they can also be associated with scams, as seen in the case you mentioned.

Such schemes offering unusually high returns, like the 5% per month you mentioned, are often indicative of Ponzi schemes. Casino junket operators are businesses, and they are trying to make money. This means that they may try to pressure you to gamble more than you are comfortable with.

Some casinos do offer high-end experiences to VIP players, aside from traditional perks like rakebacks. These experiences can include exclusive events, access to premium services, meals, drinks, entertainment, and even all-expenses-paid vacations and it's usually reserved for high-rollers or loyal customers. Some casinos even offer private jet charters and VIP suites for their high-roller customers. They expect their high-roller players to gamble heavily in order to earn these rewards.

[coin-investor]

Casino and junket operators are working together for gambling VIP and they have certain legalities in their operation but they do not have specific contracts on their operation, this is a sort of I scratch your back you scratch mine

In the casino world, the term ‘junket’ refers to a short-term gambling program arranged by a junket operator for one or more high-wealth players at a chosen casino, in conjunction with the relevant casino operator, on terms agreed between them

junket players are generally accompanied by a JTO or JTR who ‘may be able to see to their needs in a manner beyond that which could be facilitated by the casino’

https://www.rccol.vic.gov.au/volume-1/chapter-07

And about that scam, they just used the junket operation to perpetrate their scheme any scammers can do that, there is a big attraction to invest in casino junkets because there's a huge turnaround of money involved it's an easy profit for junket operators, and its legal money.

[gunhell16]

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.

Well-known influencers are Yexel Sebastian and his wife Mikee; if I'm not mistaken, they have more than 9 million total subscribers or followers and a social media platform. And recently, news broke that they stole a total of 7.5 million dollars more than the investors they victimized, most of whom are OFWs or who work abroad.

Think about the bait they used: the investors will invest in the junket, the capital of the investors will be used by the high rollers in gambling, and the junket operators will have a commission there. But they will let out the investors that they will victimize and give them a loan of contract which is what they don't say, the worst thing is that in the end they let out the investors as well, but they are the ones who receive the money of their investors which is right here is really a red flag to me.

[robelneo]

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.

Junket operators do not have a legal contract with the casino but they work together to meet the needs of the VIPs so they can play smoothly in the casinos they prefer, a mutual understanding between the junket operators and the casino as they both going to make profit and there's a big money involved here as we are talking VIPs, who will play for a huge amount of money.

There's big money to be made in junket operation so it's not surprising that the Ponzi operators are using this business to scam people their investment scams are everywhere, if you're an investor and they are offering a profit of 5% or even higher that is considered too good to be true and deserves a deep look and investigation.

[avp2306]

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.

Basing up on the given link then it is really that mentioned that he's making out some ribbon cutting on an opening of some company and telling about Casino Junket but the question is, how he would really be able to prove out that he's really that in contract or in partnership with such person? If there would really be some sort of documentation which it would prove out such partnership then he might have said the thing which is true but
it is really that to believe that everything would really be that verbal. Basing up on that you had said about how Junket operators do their work then this is my first time on hearing out that this how it works on which trying out to mix their money with those investors. Dont know on whats the deal or agreement about profits whether its fixed or not but its impossible for investors to dive in without having those kind of claims and assurance
basing up on what they had invested.

So how does one would really be ending up on losing their money? If it was really that indeed had been invested into that Junket just on what that accused been saying? In overall, it is really that hard
to believe on what those people been saying considering on the amount that had been taken or been ran on, P200M is  = $3M dollars which its not really that a joke amount.
Tons of people would really be coming after you after you have promised some returns to it. Somehow on this condition you could really say that those victims do deserve those things
on why the hell they do really get easily hooked by easy money returns without doing and its something that too good to be true but still they do continue on doing such
thing until they would be putting up themselves on such situation.

The one who collected the money or investment are social media influencers which has a huge followers, they keep flexing all their money on social media which attracted investors after these influencers offered an investment plan. Victims told the media that they suppose to get investment contract but instead they receive a loan contract turned to be a red flag. It's not a small amount but the people who invested are just blinded how good the offer is and also how good the influencer convinced the victims. There are victims that the source of money was casino junket after other victims exposed the social media influencers.

They do that in purpose since they want to use their influence to gather the attentions of their follower that's why they harvest a lot of money from those people who believes on their schemes. Its unfortunate that to many people got scam and those criminals got fled away but they can't escape that long since for sure they will be run out of money since the cost of living abroad is so high.

Hopefully for victims before going unto something that they don't know its better for them to do a deep research especially if the money will be put on a junket since its so risky and they really have a high chance to get scam with that if bad faith happens.

[Hirose UK]

Casino and junket operators are working together for gambling VIP and they have certain legalities in their operation but they do not have specific contracts on their operation, this is a sort of I scratch your back you scratch mine

This is kind of mutually beneficial cooperation but on the other hand it can make it possible for gamblers to spend more money because what the casino junket operators are offering is really interesting and tempting.
When you are rich gambler with certain VIP level at some casino then I am sure you will easily be interested in what the casino junket operator has to offer and use the link shared to register at the casino.
But this is something that can be understood because in this gambling industry anyone who can take advantage of all situations and conditions will definitely be able to gain quite large profits one of which is casino junket operator who shares gambling site links with gamblers.

https://www.rccol.vic.gov.au/volume-1/chapter-07

And about that scam, they just used the junket operation to perpetrate their scheme any scammers can do that, there is a big attraction to invest in casino junkets because there's a huge turnaround of money involved it's an easy profit for junket operators, and its legal money.

Things like this have happened a lot and we as gamblers just need to be careful and choose in detail when we want to use the link shared by the operator.
Fraud is always present everywhere especially for programmed industrial bases such as gambling sites.

[Ziskinberg]

Investors often don't truly understand what they are investing in; they are often enticed by the promise of high returns. This isn't new; I've seen numerous scam stories in the Philippines involving significant amounts of money. I believe people need to be educated about these matters. Anything that seems too good to be true should give them pause before making hasty decisions.

I'm not sure what the government is doing to prevent this from happening again because it seems like it occurs regularly. Perhaps their measures aren't truly preventive, which is a problem.

[cafter]

Many casinos employ enticing strategies to attract high-rollers and newcomers to the gambling market, offering them perks like free trips or even car giveaways, similar to what freebitco.in does by giving away Lamborghini. Other major companies, Also giveaway interesting stuffs to their players and to attract new customers.
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."

[arwin100]

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.