Business as Usual for Macau Legend After Chairman’s Arrest

January 31, 2022 Events & Announcements Industry Updates

Macau casino operator Macau Legend Development Ltd says it does not expect the arrest and detainment of its Co-Chairman, CEO and largest individual shareholder, Levo Chan, to have any material impact on its daily operations.

Chan, who is also head of leading VIP gaming promoter Tak Chun Group, was taken into custody by the Judiciary Police (PJ) on Friday. After allegedly refusing to cooperate, according to details provided by the PJ at a weekend press conference, he was charged with criminal organization, gambling including online gambling, “betting under the table” and money laundering.