Proxy betting: A Friend indeed
by Shaun McCamley
Proxy betting is booming in Asia’s grey markets, with live streaming of table games thought to be pulling in a chunk of Macau’s missing VIP billions. In early 2016, industry analysts estimated that proxy betting’s contribution to overall Macau VIP betting volume had grown about 15 percent in 2015 from the prior year. Proxy gambling, in its simplest form, allows a person to wager on a table game from a remote location, using a proxy to place his/her bets at a live table game in a casino, and communicating via telephone.
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