×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Hong Kong | Obit | Stanley Ho

Macao Gaming Tycoon Stanley Ho Has Died at 98

Macao Gaming Tycoon Stanley Ho Has Died at 98

Tuesday, 26 May 2020 02:38 AM EDT

HONG KONG (AP) — Macao casino tycoon Stanley Ho has died, his daughter Pansy Ho said Tuesday. He was 98.

The dashing billionaire and bon vivant was considered the father of modern gambling in China. He had a four-decade monopoly on casinos in Macao and maintained his dominance after its industry opened to foreign companies in 2002.

He spent lavishly while wielding great influence both in Macao and in neighboring Hong Kong while — according to U.S. authorities — maintaining ties to organized crime.

He fathered 17 children with four women, and his extended family engaged in high-profile squabbles over his empire during his later years.

© Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Macao casino tycoon Stanley Ho has died, his daughter Pansy Ho said Tuesday. He was 98.The dashing billionaire and bon vivant was considered the father of modern gambling in China. He had a four-decade monopoly on casinos in Macao and maintained his dominance after its...
Hong Kong,Obit,Stanley Ho
103
2020-38-26
Tuesday, 26 May 2020 02:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved