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Levo Chan and associates ordered to pay $99.3 million in compensation to gov’t/operators


Former Tak Chun junket head Levo Chan and four other defendants have been ordered by Macau courts to pay out some HK$779.7 million ($99.35 million) in compensation to the government and five of Macau’s casino operators.

According to Macau Business, the amount is broken down into HK$575.2 million ($73.3 million) for the government, HK$81.1 million ($10.42 million) for Galaxy Entertainment Group, HK$47 million ($5.99 million) for Sands China, HK$36.84 million ($4.69 million) for Wynn Macau, HK$35.65 million ($4.54 million) for SJM and HK$3.83 million ($490,000) for MGM Macau. Macau’s only other gaming concessionaire, Melco Resorts, is not a complainant in the case.

Levo Chan was charged on Friday with 34 crimes, including criminal association, illegal gaming activities, fraud and money laundering, being handed a sentence of 14 years. The case is the second such high-profile junket prosecution, following the downfall of Macau’s former top junket Suncity, and it’s head Alvin Chau – who was given an 18-year prison sentence.

Four of the defendants in the trial were acquitted on Friday, while the other four – aside from Chan – were given sentences ranging from seven years to 11 years.

AGBrief Editorial
AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.