Part V: Regional & Cultural · Asia-Pacific Regional Terms

Levo Chan (Tak Chun Group)

Macau — Historical FigureREPORTED

Levo Chan was the chairman of Tak Chun Group, Macau’s second-largest junket operator after Suncity. He was arrested in January 2022. In April 2023 the Court of First Instance convicted him of offences including illegal gambling, criminal association and money laundering and sentenced him to 14 years. In January 2024 the Court of Second Instance cut the sentence to 13 years and acquitted the defendants of fraud; the Court of Final Appeal upheld the 13-year sentence in November 2024 and set the compensation payable at about HK$1.83 billion. With Alvin Chau’s case, it marked the end of the large independent junket model in Macau.

In practice

The Chau and Chan cases came as Macau was rewriting its gaming law (Law 7/2022, and Law 16/2022 on gaming promoters), which reshaped the relationship between concessionaires and gaming promoters.

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.