{"id":777012386,"date":"2024-01-12T10:11:23","date_gmt":"2024-01-12T13:11:23","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012386"},"modified":"2026-04-22T14:04:05","modified_gmt":"2026-04-22T17:04:05","slug":"court-reduces-jail-terms-of-former-macau-junket-boss-levo-chan","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/court-reduces-jail-terms-of-former-macau-junket-boss-levo-chan","title":{"rendered":"Court reduces jail terms of former Macau junket boss Levo Chan"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Court of Second Instance has reduced the jail terms of Levo Chan and two other defendants while dismissing fraud charges against them.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- The Court of Second Instance has revised the sentences of&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/levo-chan-sentenced-to-14-years-in-prison\" rel=\"noreferrer noopener\">former junket boss Levo Chan<\/a>&nbsp;and other defendants involved in a high-profile illicit gambling case.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The court reduced Chan&#8217;s prison term from 14 to 13 years while\u00a0<strong>rejecting the Prosecutions Office&#8217;s appeal for harsher penalties<\/strong>. Due to this, the defendants were acquitted of fraud charges related to a significant amount.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The intermediate court <strong>upheld convictions for other offences<\/strong>, including participation in a secret society, organized crime, illicit gaming activities, and money laundering.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the acquittal on fraud charges, the five defendants are no longer obligated to compensate the six gaming concessionaires, contrary to the lower court&#8217;s ruling. Chan had previously been ordered to&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/levo-chan-and-four-others-ordered-to-compensate-casino-operators\" rel=\"noreferrer noopener\">pay nearly HKD779.7m (US$99.3m)<\/a>&nbsp;in compensation to the government and casino operators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the court decided to<strong> increase the SAR Government&#8217;s payment<\/strong>. The defendants are now required to pay MOP2.49bn for illicit gains resulting from under-the-table gambling activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Court of Second Instance has reduced the jail terms of Levo Chan and two other defendants while dismissing fraud charges against them.<\/p>\n","protected":false},"author":176,"featured_media":0,"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 Court of Second Instance in Macau has reduced former junket boss Levo Chan's prison term to 13 years and dismissed fraud charges against him and co-defendants. This ruling acquits them of compensating gaming concessionaires, reversing a lower court decision. However, the defendants are now obligated to pay MOP2.49bn to the SAR Government for illicit gains from under-the-table gambling activities.","focusai_entities":"Levo Chan, Prosecutions Office, SAR Government, Court of Second Instance, gaming concessionaires","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.95), operator_casino (0.9), payments_fraud_aml (0.8), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Concessionaire Liabilities","query":"How will the dismissal of fraud charges and the reversal of compensation to gaming concessionaires impact their Q4 2023 or Q1 2024 financial reporting and future provisions for similar historical liabilities?"},{"label":"Regulatory Precedent Analysis","query":"What specific legal precedents does this Court of Second Instance ruling establish regarding the prosecution of illicit gambling, money laundering, and the definition of fraud within Macau's gaming regulatory framework?"}],"footnotes":""},"categories":[16338,439],"tags":[23911,24187],"class_list":["post-777012386","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-legal-news","tag-gambling-regulation","tag-tak-chun-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012386","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=777012386"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012386\/revisions"}],"predecessor-version":[{"id":777012387,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012386\/revisions\/777012387"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}