Junket
A “Junket” in the context of casinos refers to an organized trip, usually arranged by the casino itself, to attract high-rollers or VIP players. These trips often include complimentary travel, luxury accommodations, and exclusive gaming experiences, all provided by the casino as an incentive for the player to gamble at their establishment. Junkets are typically tailored to meet the needs of these high-stakes gamblers, offering personalized services and high-limit tables to ensure an extraordinary experience.
Junkets have been a common practice in the casino industry, especially in destinations like Macau and Las Vegas, where casinos compete fiercely for the business of affluent patrons. The concept behind a junket is straightforward: by offering an all-expenses-paid trip, the casino hopes to encourage significant gambling activity, making the cost of the junket worthwhile.
While the idea may seem glamorous, it’s important to note that these arrangements are specifically designed to benefit the casino, ensuring that the player is incentivized to wager large sums. For those invited on a junket, it can be an exciting and luxurious experience, but it also comes with the expectation of high-stakes play.