Dr Stanley Ho At Losing or Winning End?
October 2, 2006
Filed under Business, Las Vegas Sands, News, STDM | SJM, Stanley Ho, Wynn Resorts
This again is something contrary to what I believe, I think Dr. Stanley Ho is a warrior who will fight back. Only he will fight back the way Chinese know best, silently, and he will win!
As reported by Financial News | At the centre of the story is Stanley Ho, or Dr Ho as he insists on being called by virtue of several honorary degrees. Not long ago, he ran more or less everything in what used to be the sleepy Portuguese-controlled backwater of Macau.
Dr Ho enjoyed a monopoly of the casino business, which was more or less the only business that counted for anything in Macau. After it reverted to Chinese control, the monopoly was dismantled in 2001 and the big boys from Las Vegas lost not a second making their way across the Pacific. The Sands and Wynn operations poured billions of dollars into the enclave.
Full Story by Steve Vines here | Dr Ho Losing out

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