May 26, 2020
Stanley Ho, the man credited with transforming Macau into the world’s gambling hub, has died at the age of 98. Known as the ‘king of gambling’, Ho became a prominent figure in the Macanese gambling market after winning a monopoly licence in 1961, establishing the foundations for his SJM Holdings casino empire. “My father passed away peacefully just now at …
Read More »July 26, 2016
Full-service online gambling platform provider Gaming1 has confirmed that it has entered a joint 50/50 venture with Portuguese gambling operator Estoril Sol (part of Stanley Ho Group). The joint venture will see the launch of new licensed online casino EstorilSolCasinos.pt which will feature Gaming1 gaming content inventory for video slots, roulette and blackjack. Gaming1 governance confirmed that its development team would …
Read More »January 5, 2015
Last December Macau recorded a 30% monthly revenue drop, as the Asian gambling hub reported its first ever growth decline. Macau has been the focus of the Chinese Public Security Ministry’s fight against corruption and money laundering, a key public and political concern set out by Xi Jinping in 2014. The revenue plunge has accounted for a 40% fall in …
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