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Macao gaming tycoon Stanley Ho has died at 98

Stanley Ho
Posted at 11:44 PM, May 25, 2020
and last updated 2020-05-26 02:44:11-04

Macao casino tycoon Stanley Ho has died at age 98, his daughter Pansy Ho said Tuesday.

The dashing billionaire and bon vivant was considered the father of modern gambling in China.

He had a four-decade monopoly on casinos in Macao and maintained his dominance after its industry opened to foreign companies in 2002.