..

Ho No! The Stanley Ho Family Saga Continues

Written by:
Aaron Goldstein
Published on:
Feb/16/2011
Stanley Ho

89-year-old Macau casino tycoon Stanley Ho filed a new lawsuit against various family members on Wednesday in an effort to keep control of his vast business empire.

Late last month it was revealed that certain family members had acquired much of his stake.  Ho maintains this was done without his consent.  Ho had dropped a previous lawsuit.

"Dr. Ho is very, very annoyed, very, very disappointed," his lawyer Gordon Oldham told reporters as he announced the claim filed in Hong Kong's High Court.

Pansy and Daisy "have been reluctant to come forward to negotiate. They don't want to talk to their father," he added.

Much of the battle centers around SJM Holdings, which has an estimated worth of at least $3.1 billion.  Prior to 2002, Ho monopolized the former Portuguese colony and the only city in China that permits gambling. 

The Ho family consists of 17 children born to four women.  Other members of the clan have also expressed outrage over the transfers Ho at one point deemed as “robbery”.

- Aaron Goldstein, Gambling911.com

Gambling News

Sports Betting Beat: Costa Rica Licenses, US Payment Solutions

Sports Betting Beat: Costa Rica Licenses, US Payment Solutions

These are the top stories for Monday April 12, 2021 in the world of sports betting.

PA Man Used Credit Card Swiped From Casino for Online Gambling

PA Man Used Credit Card Swiped From Casino for Online Gambling

A Bethleham, Pennsylvania man is accused of stealing a credit card from a casino guest that he later used to gamble online.

W88 Bookmarkers - The Most Prestigious Bookie In Asia

W88 Bookmarkers - The Most Prestigious Bookie In Asia

W88 is known by players as one of the oldest and most respected betting bookmarkers in Asia. In recent years, with the increasing demand for betting by players, the W88 bookie has expanded the betting market to many countries. With the desire to bring players many new experiences, the W88 bookie applies advanced technology for betting products.

Odds Released on Meghan Markle Attending Prince Philip's Funeral

Odds Released on Meghan Markle Attending Prince Philip's Funeral

It's a sad day for the world as it was revealed Friday that Prince Edward, husband of Queen Elizabeth II, had passed away.  He was 99 and lived an otherwise amazing life.

New York's Path to Mobile Sports Betting Questionable

New York is expected to allow for two mobile sports betting master licensees with a minimum of four skins, a model many view as least competitive.

Syndicate