By Sophie Leung and Marco Lui
Jan. 26 (Bloomberg) -- Billionaire Stanley Ho confirmed he transferred ownership of his stake in Asia’s biggest casino company
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By Sophie Leung and Marco Lui
Jan. 26 (Bloomberg) -- Billionaire Stanley Ho confirmed he transferred ownership of his stake in Asia’s biggest casino company
Kevin DeSanctis, chief executive officer
Stanley Ho, a Hong Kong-born tycoon who built up a casino empire that dominates the busy and highly lucrative gambling scene in Macao, said Tuesday through a lawyer that parts of his family had obtained control of his remaining stake in the business without his consent.
Mr. Ho, who is 89 years old and has been recuperating from brain surgery since 2009, was “very disappointed
The Arizona House of Representatives passed a bill Tuesday to stop a tribal casino near Glendale.
The measure now goes to the Senate, which could vote on an identical bill as early as today.
House Bill 2534 passed on a 39-21 party-line vote with the exception of Gilbert Republican Eddie Farnsworth, who sided with the Democrats.
The legislation
Gordon Oldham, the lawyer representing Stanley Ho, said he’s proceeding with the Macau casino magnate’s instructions to recover assets appropriated by Ho’s family.
Oldham said he hasn’t heard from Ho since members of the family issued
PHOENIX (AP) — Legislation intended to derail a Southern Arizona tribe's plan to build a Las Vegas-style casino-hotel near Phoenix is being pushed by majority Republicans early in the Arizona Legislature's two-week-old session.
The House approved the legislation 39-21 on Tuesday,
A 38-year-old Kansas man accused of passing more than $100,000 worth of counterfeit chips at a Missouri casino has been convicted on two federal charges.
A jury in Kansas City returned the verdicts Monday against Zhe Li of Wichita, a naturalized U.S. citizen from China.
Li formerly lived in the Kansas City area. Prosecutors said he presented more than 1,000 counterfeit
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