Asian Casino Magnate Stanley Ho Recovering Nicely

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

Macau casino magnate Stanley Ho, who has been hospitalized for the past four months, is likely to be discharged shortly. 

"Hopefully, some time soon he can come out of the hospital," Ho's son Lawrence, 32, told the China Daily. "It's been a few months since his accident. He had two pretty big surgical operations." The son didn't specify what the surgery was for.

Ho, 88, controls SJM Holdings Ltd, the casino operator with the biggest market share in Macao.  His daughter Patsy now oversees much of the empire.

Reports of the elder Ho having a stroke were said to be unfounded.  Initial reports suggested that Stanley Ho underwent brain surgery.

Ho's four-decade casino monopoly in Macao ended after the government in 2001 accepted bids for rival operators.

Ho has fathered 17 children by four women over his lifetime.

Jagajeet Chiba, Gambling911.com

 

Related Content

Mansion88 Targets the Asian Betting Audience

Mansion88 Targets the Asian Betting Audience

The M88 bookie also known as Mansion88, was established in 2004; main activities in the Asian market. The bookie specializes in offering betting products such as online casinos, sports betting, bullets, lotteries. And especially the football bet.

 

VN88 - New Online Casino For Gamblers From Vietnam

VN88 - New Online Casino For Gamblers From Vietnam

Currently, there is a huge wave stirring up the online casino market in Vietnam, that mighty wave known as the VN88 casino. With a collection of thousands of slot games, live casinos, and more than 4,000 live sports events in the world, VN88 promises to be one of the best casinos in Vietnam.

 

Gambling in Australia and New Zealand in 2019

Gambling in Australia and New Zealand in 2019

Australasia neighbours Australia and New Zealand share a common love when it comes to gambling. Australia in fact boasts the highest gambling rates in the world with more than 80% of the populace engaging in some form of gambling. Yet in terms of legality, the two nations differ slightly:

Japan Gambling Bill fails

A bill that would have legalized casino gambling in Japan recently died when Prime Minister Shinzo Abe dissolved parliament to call a snap election.