The Associated Press
Ho was born on Nov. 25, 1921, into the Hotung family, one of Hong Kong’s wealthiest and most powerful. When he was 13, his father abandoned the family after being wiped out by a stock market crash during the Great Depression. In 1948, Ho married Clementina Leitao, daughter of a prominent lawyer in Macao with ties to Portugal and to Macao high society, connections that may have helped him win the casino monopoly in 1962. About the same time, Ho married Lucina Laam under a Qing dynasty code allowing men to take multiple wives that Hong Kong outlawed in 1971.
The new players brought slick offerings to compete with SJM’s nearly two dozen no-frills casinos, but Ho's group waited years to build its own lavish megaresort. In 2009, Ho had brain surgery after reportedly falling at home. He spent seven months in the hospital and was rarely seen in public afterward, usually in a wheelchair.
May he rest in peace
98's a good long run
А вы с этим согласны?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Legendary Casino Kingpin Stanley Ho Dies At Age 98Stanley Ho, the patriarch behind Asia’s largest gaming empire in Asia, has died at the age of 98. F I remember him when then president Estrada allowed his floating casino anchored in Philippine sea in Manila Bay. Its very controversial then.
Source: Forbes - 🏆 394. / 53 Read more »
Stanley Ho, father of modern gambling in China, dies at 98Stanley Ho, the Macao casino tycoon who was considered the father of modern gambling in China, died Tuesday in Hong Kong. He was 98. Dust to dust, ashes to ashes. Not a cent will ours to keep. Matt 6:19 tells us to store our riches in heaven.
Source: USATODAY - 🏆 100. / 63 Read more »
Stanley Ho, Casino Kingpin of Gambling Capital Macau, Dies at 98Stanley Ho was for the past half-century the single most influential figure in the Portuguese colony, turning it into a gambling powerhouse that easily surpassed Las Vegas. Triad, Money Laundering, Prostitution, Casino suicides, Extortion, Murders- why would you glorify this King of triads? The world is better now that he is DEAD. I take my hat off to you Stanley Ho. a life well lived Macau is a dump. Having said that so is Vegas. Casinos are a blight more than a blessing
Source: WSJ - 🏆 98. / 63 Read more »
Stanley Ho, Macau Casino Magnate, Dead at 98Stanley Ho, the entrepreneur who built a casino empire that dominated Macau, has died. He was 98. Once the richest man in Asia, Ho died on Tuesday in Hong Kong’s Sanatorium Hospital. He had suffere…
Source: Variety - 🏆 108. / 63 Read more »
Stanley Ho, who built Macao's gambling industry, dies at 98Stanley Ho, considered the father of modern gambling in China, has died at 98. The richest tycoon in the former Portuguese territory of Macao was also an accomplished ballroom dancer and had 17 children. 17 kids? RIP to a real Ho I ain't no Ho! God bless, you randy bugger.... 😁 I put the over/under on children at 125
Source: AP - 🏆 728. / 51 Read more »