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Stanley Ho, who built Macao's gambling industry, dies at 98

Stanley Ho, who built Macao's gambling industry, dies at 98

14 Sept 03:49 Key points summarised by AI
  • Stanley Ho, dubbed the "King of Gambling," passed away at 98, having established and controlled Macao's gambling sector through a four-decade casino monopoly.
  • His expansive business empire transcended casinos, encompassing transportation, hotels, and other key industries, solidifying his status as Macao's wealthiest individual and a powerful regional figure.
  • Ho's personal life was notable for his large family of 17 children with four women, public disputes over his vast fortune, and persistent allegations of connections to organized crime.
  • Despite amassing his wealth from the gambling industry, Ho ironically never gambled himself, famously remarking that it was "a house game" where one shouldn't expect to profit.
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