Asia
Macau Gambling King Stanley Ho Dies at 98

Macau casino king Stanley Ho has died on Tuesday (May 26) at the age of 98. He was known as the godfather of Macau casinos and was instrumental in turning Macau into a gambling boomtown.
The flamboyant tycoon, who loved to dance but advised his nearest and dearest to shun gambling, headed one of the world’s most lucrative gaming businesses through his flagship firm, SJM Holdings Ltd, valued at about US$6 billion.
Ho spearheaded what is known in Macau as the junket VIP system, whereby middlemen act on behalf of casinos by extending credit to gamblers and taking responsibility for collecting debts.
Some of Ho’s children have become successful gaming operators in their own right. Daughter Pansy is the co-chairperson of MGM Resorts’ Macau unit while son Lawrence runs Melco Resorts & Entertainment.
-
Africa7 days ago
Female Protea Team for the Counter Strike 2 esports title to do battle against Namibia – AEC25
-
Latest News7 days ago
Week 25/2025 slot games releases
-
Industry News7 days ago
iGB L!VE confirm London iGaming Week program
-
Latest News7 days ago
How AI Is Revolutionizing Blockchain Gaming in Europe
-
Africa4 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Latest News7 days ago
Game On! Win Acer’s New RTX 50 Series Laptop + PC Game Pass
-
Interviews4 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Compliance Updates4 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report