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Four Macau concessionaires seeking US$17 million in damages via Tak Chun trial

Pierce Chan by Pierce Chan
Tue 6 Dec 2022 at 14:50
Tak Chun confirms end to junket agreements with operators
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The trial of former Tak Chun Group chairman Levo Chan continued on Tuesday, with four Macau concessionaires seeking a combined MOP$135 million (US$16.8 million) in damages.

Wynn Macau, The Venetian, SJM and MGM are seeking the damages from Chan and other defendants due to revenue they claim to have lost as a result of Tak Chun allegedly allowing betting under the table to take place in its Macau VIP rooms.

According to information tendered to the court, Wynn Macau is demanding MOP$48.25 million (US$6.0 million), Venetian MOP$46.99 million (US$5.9 million), SJM MOP$35.65 million (US$4.4 million) and MGM MOP$3.83 million (US$477,000). The Macau government is also seeking MOP$575 million in damages from them.

Chan, who was arrested in January is one of nine defendants in the case, charged with criminal association, illegal gambling, fraud and loan sharking among other allegations. The other defendants are Wong Pui Keng, Cheong Sao Pek, Lio Weng Hang, Chan Kam Chi, Lee Tat Chuen, Choi Wai Chan, Li Manxing and Tan Guichang.

The trial will continue next Monday.

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Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

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