Casino King takes gamble to fend off Macau rivals

Article Date : 01 September 2008
News Section: Macau

Last month Stanley Ho, the Hong Kong-born gambling magnate, announced plans to tear down his flagship Lisboa casino and hotel and build his biggest and most opulent showcase yet, at a cost of $1.54 billion. The amazing 86-year-old also pushed through a long-delayed initial public offering for the company he controls, SJM Holdings, raising $494...

Like this? Then share with your friends and colleagues!

Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/hotels/2008/09/02/casino-king-takes-gamble-to-fend-off-macau-rivals.html

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.