Abstract
As the development of integrated casino resorts became visible, the discussion on policies for the Casino Control Act and the casino regulatory authority are under way. An important part of such discussion are the control guidelines for junket promoters. This study provides understanding of the basic terminology and the current situation of the casino junket system in Korea. Furthermore, the study analyzes multiple cases in Singapore, Macau and Nevada, and suggests the necessary measures to control and supervise the junket systems in Korea. The establishment of an authority for supervision and the obligatory reporting of junket operation, a policy on junket commission, an amendment of tax-related regulations on junket promoters, and a joint liability system for casino operators and junket promoters are proposed as a short-term plan. For the long-term, the establishment of a casino control board and rules for junket operations and the introduction of a junket promoter registration system are suggested. We conclude by offering additional considerations for the pre-implementation stage.
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