Hong Kong - Amazon launched its first big-budget video game to stall economic reform as many Americans say they do not return after reopening restaurants, gyms, movies, known as "king of gambling", billionaire and bon vivant acquired a four-decade monopoly on casinos in Macau, then commended his domestic profits for expanding the industry's dominance after opening up to foreign companies in 2002. The former was the wealthiest man in the Portuguese colony, a grand and accomplished ballroom dancer who had great influence in both Macao and neighboring Hong Kong, while he tall, beautiful and of mixed Chinese and European heritage, Ho gave birth to 17 children with four women. During his later years his extended family exploded into high-profile squabbles on his empire. Ho himself escaped from the gaming floor.
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Whereupon he said about this time- "I don't gamble at all. I don't have patience, "Ho told the Associated Press in a rare interview in 2001 that" I don't expect to make money in gambling. This is a home game". He also had businesses that ran everything from ferries and helicopters connecting Hong Kong and Macao to departmental stores, hotels, Macau's airport and its racing track. According to information received in 2009, Ho had brain surgery when he fell home and suffered a head injury. He left the hospital after seven months and was rarely seen in public afterwards, usually in a wheelchair.
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His weak position may have set the stage for a very public family feud that erupted in 2011 over control of Macau casino operator SJM Holdings Limited. Ho disputed the alleged transfer of his entire multibillion-dollar stake to his five children and one of his wives. It is a "robbery" that went against his desire to divide fate equally among the various branches of his family. The dispute eventually settled after several lawsuits, and Ho transferred most of his SJM shares to family members, while officially retiring at the age of 96 while still chairman. A year ago, he quit the same job at his Hong Kong conglomerate Shun Tak Holdings.
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Ho's long and eventful life tracked the ebb and flow of southern China's fortunes. He was born into the Hotung family on November 25, 1921, after being Hong Kong's wealthiest and most powerful. When he was 13, his father abandoned the family after a stock market crashed during the Great Depression. Ho attended Hong Kong University but did not graduate due to World War II. Fluent in English and Chinese, he was working as a telephone operator for British forces when the colony fell in Japan. He boarded a boat bound for neutral Macao, enlisting refugees from mainland China in the dying fishing port. In a 2001 interview, Ho said, "I had to throw off my uniform and flee to Macau as a refugee." During the war, he earned money by making night-time smuggling and business trips to the Pearl River Delta, on one occasion surviving a pirate attack. "Macao treated me very well. I became a millionaire before the age of 20 with $ 10 in my pocket. "
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While there, in 1948, Ho married Clematina Leitao, the daughter of a prominent lawyer in Macau, who had links with Portugal and Maca High Society. Those ties and Ho's efforts to curry favor with Macau officials are said to have helped him and his business associates win the casino monopoly when it came to bidding in 1962. Ho married Lucina Lam under a Qing dynastic code that allowed the men. To take many wives. In 1971, this practice was repealed by Hong Kong.
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Ho gave birth to children with two other women, Ina Chan and Angela Leong, whom he referred to as his "wives", although they were not even legally married. Ho reportedly met Chan, a nurse, when he was placed to care for the ailing Litao, who died in 2004. Through his love of tango and cha-cha, Ho met a trained dancer and former ballroom dance instructor. After Portugal moved Macau to China in 1999, the government broke Ho's casino monopoly in 2002, allowing foreign rivals including Las Vegas Sands Corp, Wynn Resorts Ltd and MGM Resorts International. The resulting building boom transformed the sleepy, seminary and corrupt pre-colonial outpost into an attractive gambling powerhouse fueled by high-rolling mainland Chinese.
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