Gaming Junket Law and Legal Definition
Gaming Junket is an arrangement whereby a person or a group of persons is introduced to a casino operator by a junket promoter who receives a commission or other payment from the casino operator. Junket rooms are rented out to private vendors who run tour groups through them and give a portion of the proceeds to the main casino.
The following is an example of state statute (Pennsylvania) defining the term.
Pursuant to [4 Pa.C.S. § 1103] "Gaming Junket." A gaming arrangement made by a gaming junket enterprise or a gaming junket representative for an individual who:
(1) Is selected or approved for participation in the arrangement based on the individual's ability to satisfy specific financial qualifications and the likelihood that the individual will participate in playing slot machines or table games and patronize a licensed facility for the purpose of gaming.
(2) Receives complimentary services or gifts from a slot machine licensee for participation in the arrangement, including the costs of transportation, food, lodging or entertainment.