..

Stanley Ho Recovering After Surgery

Written by:
Jagajeet Chiba
Published on:
Aug/04/2009
Stanley Ho

Macau gambling magnate, Stanley Ho, is recovering after undergoing surgery for an unspecified condition.   

News of the 87-year old's hospitalization emerged early Tuesday in Asia.

Initial reports suggested that Ho was about to undergo brain surgery after falling on his head during a family gathering last week. 

"Dr. Ho was admitted to hospital and has undergone a surgical procedure," his office said in a brief statement. "He is in satisfactory condition and is progressing well in his recovery."

According to the Wall Street Journal, between Mr. Ho, his daughter Pansy and his son Lawrence, the Ho family holds three of Macau's six gaming concessions. Mr. Ho's casino company, SJM Holdings Ltd., has continued to thrive even after Mr. Ho's 40-year-long gaming monopoly ended in 2002. His casinos, including his flagship Grand Lisboa, control about a quarter of the former Portuguese colony's gambling revenues.

Even in his old age, he is an active personality and a fixture of the Hong Kong tabloids.

Shares in Mr. Ho's companies both fell Tuesday after local newspapers reported that Mr. Ho was receiving treatment in a Hong Kong hospital. Casino operator SJM Holdings closed at HK$3.15 (41 U.S. cents), down 4.6%, while Shun Tak Holdings Ltd., the property-and-logistics concern under his control, closed at HK$5.88, down 2.9%.

Jagajeet Chiba, Gambling911.com 

Gambling News

Doctor Accused of Gambling While Kids Stayed in Locked Car

Doctor Accused of Gambling While Kids Stayed in Locked Car

Marieny Elena Guimera-Revelo was arrested by Seminole Police Sunday on two counts of child neglect after she was found gambling in the Seminole Hard Rock Casino in Hollywood.  Her children, ages 3 and 11, were left in a locked car outside near

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.

Syndicate