![]() The obvious risk is that they might get caught by the border police. But since 2015, the government has cracked down on this practice.Īnother way that individuals have been able to get money across the borders is to carry it in a suitcase and then convert them to foreign currency in Hong Kong or Macau. In the past, Chinese individuals used their UnionPay credit cards in Macau to pay for casino customer deposits. ![]() Another reason is that Asian junket operators help convert cash - whether from legitimate sources or not - from RMB into foreign currency.įrom a broad perspective, there are several ways in which individuals are able to get cash out of China: One reason is that junket operators help promote casinos in mainland China, where doing so is illegal. Junket operator help bring VIP customers into the casino. Why do junket operators exist? The business model came into existence during Macau’s casino monopoly days.
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