an electronic file<\/a> that allegedly contains details of under-the-table betting at a Tak Chun VIP room between 2014 and 2018. He said the file contained details of more than 658,000 bets processed by Tak Chun in Macau between 2014 and January 2018, including the number of bets, the location and the names of the players. <\/p>\n\n\n\nMacau police believe the syndicate conducted 3,908 such bets in 39 VIP rooms and gaming venues, making HK$34.91bn (US$4.46bn) in turnover and HK$1.5bn (US$180m) in illicit gains. The Macau government is seeking HK$575.2m for losses of gaming revenue tax. Meanwhile, all the local gaming operators, except Melco Resorts and Entertainment, have filed compensation claims of at least HK$134.7m.<\/p>\n","protected":false},"excerpt":{"rendered":"
Five out of six local gaming operators are seeking compensation.<\/p>\n","protected":false},"author":176,"featured_media":21187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Macau court has concluded witness testimonies in the trial of Levo Chan Weng Lin, former head of Tak Chun Group, for alleged illegal gambling, running a crime syndicate, and money laundering, with closing arguments scheduled for March 8. The case involves significant illicit gains from \"under-the-table betting,\" prompting the Macau government to seek HK$575.2m in lost gaming revenue tax and five out of six local gaming operators to file compensation claims totaling at least HK$134.7m.","focusai_entities":"Levo Chan Weng Lin, Tak Chun Group, Gaming Inspection and Coordination Bureau (DICJ), judiciary police (PJ), Mak Chon Kit, Melco Resorts and Entertainment","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (0.9), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Junket Model Impact?","query":"What are the long-term implications of this trial for the operational viability and regulatory oversight of the junket model in Macau's gaming vertical?"},{"label":"Operator Financial Exposure?","query":"How will the compensation claims and potential reputational damage from this case impact the financial performance and market valuation of the affected Macau concessionaires?"}],"footnotes":""},"categories":[157,16338],"tags":[24187],"class_list":["post-777002512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-tak-chun-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777002512"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002512\/revisions"}],"predecessor-version":[{"id":777002547,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002512\/revisions\/777002547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21187"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}