Stanley Ho, the Macao casino tycoon who was considered the father of modern gambling in China, died Tuesday in Hong Kong. He was 98.
Ho’s long and eventful life tracked the ebb and flow of southern China’s fortunes.
“Macao treated me so well. I went there with 10 dollars in my pocket and became a millionaire before the age of 20,” Ho said. Through his love of the tango and the cha-cha, Ho met Leong, a trained dancer and former ballroom dancing instructor. Allegations of organized crime dogged Ho for years, most recently in a 2010 report by the New Jersey gaming commission that accused him of letting Chinese criminal gangs, or triads, prosper inside his casinos during the 1990s. He dismissed such allegations.
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Stanley Ho, Casino Kingpin of Gambling Capital Macau, Dies at 98Stanley Ho was for the past half-century the single most influential figure in the Portuguese colony, turning it into a gambling powerhouse that easily surpassed Las Vegas.
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Stanley Ho, who built Macao's gambling industry, dies at 98Stanley Ho, considered the father of modern gambling in China, has died at 98. The richest tycoon in the former Portuguese territory of Macao was also an accomplished ballroom dancer and had 17 children.
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Stanley Ho, Macau Casino Magnate, Dead at 98Stanley Ho, the entrepreneur who built a casino empire that dominated Macau, has died. He was 98. Once the richest man in Asia, Ho died on Tuesday in Hong Kong’s Sanatorium Hospital. He had suffere…
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