Stanley HO takes company public

Macau King Stanley Ho takes gambling company public on Wednesday in a late bid to fortify his casino empire from Las Vegas rivals.  Ho is 86 years and incredible man who never seems to slow down and keeps up the pace literally when the Olympic torch passed through Macau he carried it for a leg in the Olympic torch relay.  This move to make the company public will be a big change in the family tradition as they have kept business amongst the family for years.

Ho is known to have said to his kids ”I have always told my children and my good friends: ‘For God’s sake, never gamble heavily and if you can avoid it, don’t ever gamble.”

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This entry was posted on Thursday, July 17th, 2008 at 10:24 am and is filed under casinos.

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