Stanley Ho, the King of Macau gambling, passes away at 98

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Stanley Ho, the King of Macau gambling, passes away at 98

Stanley Ho, one of the wealthiest men in China, passed away at age 98 according to a statement from his daughter, Pansy. Ho had become the King of Gambling in Asia after he envisioned a gambling mecca in the Pearl River Delta to rival Las Vegas. Ho's company, SJM Holdings, owned 20 casinos in Macau and even one in North Korea. At the time of Ho's death, SJM Holdings had an estimated value at $6 billion.

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