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China Star Entertainment Snapshot
The sort of junkets China Star Entertainment is taking these days relate more to casinos and less to movies. The company produces and distributes Chinese language film and television dramas and provides post-production services. China Star distributes its films domestically and internationally through theaters, distributors, broadcasters, and manufacturers. About 90% of the company's sales, however, come from its investment in a Macau-based junket promotion business, where high-stakes gamblers are taken to casinos at the company's expense in exchange for a cut of the revenue they generate for the casino. China Star also owns the Kingsway Hotel in Macau, which is being renovated.
