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" ... JPMorgan analysts DS Kim and Sean Zhuang attribute the May shortfall to one leading junket promoter’s “extremely poor VIP luck” that shaved four percentage points off the total; with normal hold for that junket, GGR growth would have come in at 16%, comfotably within the consensus range. Union Gaming Group in Macau didn’t cite bad news from its junket contacts, but instead suggested the shortfall came on the mass market side. Union Managing Director in Macau Grant Govertsen notes that mainland China police closed currency exchange booths in the shopping mall at Gongbei border crossing. Mass market players might exchange mainland currency there for Hong Kong dollars used in casinos, though there’s no shortage of alternate methods to obtain Hong Kong dollars. ... "