Even if the Sun City junket brand suspends its so-called "proxy betting" operations at casinos outside Macau following claims by Chinese state media that it has ties to "online gambling," it does not necessarily benefit the Macau casino sector, according to a note from Goldman Sachs (Asia) LLC on Tuesday.

"Even if certain "products" are legally allowed to operate in other countries and regions, the company will not adopt them unless Macau law allows them," Alvin Chauchukwa, president of Sun City Brands, said in a prepared statement at a news conference on Saturday.

Proxy betting can actually provide players with a casino gambling experience without really being present in brick and mortar facilities, thanks to betting on their own behalf via phone or online communications using the people on the ground, "agent".

"We believe that stopping proxy bets in the Philippines or Cambodia will not necessarily repatriate game volume to Macau," Goldman Sachs said in a note on Tuesday 실시간 바카라사이트

"Some of these [Chinese] players participating in proxy bets in overseas markets may struggle to secure overseas travel visas, whether in macao or elsewhere," the agency noted.