..

Four Wives, Seventeen Children Involved in Ho Debacle

Written by:
Aaron Goldstein
Published on:
Jan/28/2011
Stanley Ho

Just one day after announcing publicly that all was good in his family, the 89-year-old Macau casino magnate, Stanley Ho has filed suit claiming he got a raw deal.

On Monday it was announced that much of Ho’s stake in his casino empire would go to various family members, including his third wife.

Ho’s attorney claimed on Tuesday that no consent was given.  By Wednesday, Stanley Ho had announced all was good in terms of family relations.  By Thursday, a lawsuit was filed.

“It is hard to keep a score card,” expressed Payton O’Brien, Senior Editor of the Gambling911.com website.

Ho's lawyer, Gordon Oldham, said on Thursday he had filed a court claim on Ho's behalf against his children, including Pansy and Lawrence Ho, other relatives and companies. The writ, signed by Ho, sought a reversal of the transaction.

"Regarding his statement on television, this was not his sentiment. He wants to continue. He is trying to get his wealth back," Oldham said.

"He had been pressured into making that statement."

And so the saga continues….

- Aaron Goldstein, Gambling911.com

Gambling News

Bookies Guide to Sharps and Squares

Bookies Guide to Sharps and Squares

When running an online sportsbook it is important to understand the difference between the two key types of players: Sharps and squares.

Bragg Gaming Launches With Betway

Bragg Gaming Launches With Betway

ORYX Gaming, a Bragg Gaming Group company ( TSXV: BRAG, OTC:BRGGF ), announced today that its entire RGS portfolio has gone live with leading global online sports betting and casino operator Betway via their market-leading ORYX Hub platform. Betway is licensed in several key jurisdictions. 

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Quickly and easily receiving payouts of winnings is the most important factor for U.S. sports bettors when selecting an online sportsbook, and prioritized by 37% of players, according to research released today by Paysafe, a leading integrated payments platform. The latest All the Ways Players Pay report also suggests that offering digital wallets and other alternative payment methods allows sportsbooks to overcome the challenge of card declines.

Record Year for NJ Sports Betting; Casinos, Not So Much

Record Year for NJ Sports Betting; Casinos, Not So Much

New Jersey took nearly $1 billion worth of sports bets in December, an encouraging finish to a year in which coronavirus closures and restrictions sent overall gambling revenue down nearly 17%.

Casino Billionaire, GOP Mega Donor Sheldon Adelson Dies

Casino Billionaire, GOP Mega Donor Sheldon Adelson Dies

LAS VEGAS (AP) — Sheldon Adelson, the billionaire mogul and power broker who built a casino empire spanning from Las Vegas to China and became a singular force in domestic and international politics has died after a long illness.

Syndicate