Stanley Ho, ‘King of Gambling’ Who Built Macau, Dies at 98

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SJM’s most lavish casino, the 12-year-old Grand Lisboa, a 48-story building shaped like a lotus flower, remains one of Macau’s most prominent destinations. But, ironically, the casino king did Sabrina Ho Chiu-yeng – daughter of Macau casino tycoon Stanley Ho Hung-sun – has revealed she will marry a 21-year-old Harvard student from northeast China. Casino king Stanley Ho in good Casino King Stanley Ho Becomes A Grandfather For The Third Time In Two Months. Is Macau casino magnate Stanley Ho’s reported S$20mil reward for every new grandchild succeeding in getting the younger members of his family to, um, Ho is Macau’s richest billionaire who single-handedly built Macau’s gambling-based economy when he secured a government-granted monopoly on the casino industry which he held for 40 years. Stanley Ho, a onetime kerosene trader who built a casino empire in Macau that propelled the Chinese island past Las Vegas as the world’s biggest gambling hub, has died at age 98, members of his Stanley Ho made his fortune from Macau's lucrative casino trade but the billionaire has struggled to adapt to the tiny territory's changing fortunes. Mr Ho's firm, Sociedade de Jogos de Macau (SJM), which had a monopoly on gambling for four decades until 2002, has lost out to slicker, foreign rivals who are attempting to transform Macau into Macau casino magnate Stanley Ho dies aged 98 They married in the 1940s, giving Ho privileged access to the colony’s tight-knit Macanese community. Angela Ho, daughter of Ho Hung-sun and Clementina. Stanley Ho, the Hong Kong tycoon credited with turning Macau into the world's gambling capital, has died at the age of 98. Ho, one of Asia's richest men, was known as the "king of gambling". A new alliance emerged among some of billionaire Stanley Ho’s 17 children in the decade-long family battle for his Macau casino empire, and eldest daughter Pansy looks the likely victor. Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday at the age of 98. Shielded from challengers by a four-decade monopoly on gambling, Ho helped transform Macau from a sleepy peninsula dotted with seedy, windowless gambling dens into the world's biggest casino centre.

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