澳门赌王何鸿燊病逝，享年98岁。Macau gambling king Stanley Ho dies aged 98.
何鸿燊是澳门举足轻重的人物，曾任第9至11届全国政协常委，多次受到中国国家领导人接见，曾参与见证中英、中葡谈判及香港、澳门回归祖国。他生前积极参与对祖国内地的经济建设，文化慈善等事业，为澳门的发展做出了突出贡献。(taken from Sina.com.cn)
Mr Stanley Ho, a one-time kerosene trader who built a casino empire in Macau that propelled the Chinese island past Las Vegas as the world’s biggest gambling hub, has died at age 98, local media reported.
Known as the King of Gambling, Mr Ho dominated gaming in the former Portuguese colony after winning a monopoly licence in 1961.
His SJM Holdings flourished as China’s economic opening created a flood of new wealth in a country with a passion for gambling. SJM now controls 20 casinos on an island of about 26 sq km.
Mr Ho’s rise transformed Macau from a commercial backwater into the “Las Vegas of Asia” by exploiting its big advantage over the rest of China – casinos were legal.
As his fortune swelled, he expanded beyond the island, building residential and office buildings in Hong Kong.
In 1984, he won a licence to operate a casino in Portugal and spent US$30 million to open the Casino Pyongyang in North Korea in 2000.
Mr Ho’s Macau monopoly expired in 2001, two years after China regained control of the island from Portugal. China then granted licences to competitors, including Mr Sheldon Adelson’s Las Vegas Sands and Wynn Resorts.(taken from straitstimes.com)