Online Casino, casinos

A master where casino games are concerned, one hasn't heard the last of him... Despite his advanced age, this man of unrivalled charisma and great fame, still makes his mark in the gaming world. This man of many facets, a great lover of art and beautiful objects, placed one hundred and thirteenth among the richest men in the world and whose fortune is estimated at 8 billion dollars, was condemned without mercy by critics  while the financial crisis was in full swing. He disproved the error of judgement against him and weakened these same critics by holding his head up and never giving up... take your pick. A true example of bravado and courage, forged by forty years of facing up to the hypocritical and uncertain world of gaming, in all its complexity and many surprises, almost seven years ago he lost his monolopy on gaming in Macao. Facing a very uncertain  future because of competition from Las Vegas, good old Stanley continues to surprise, even if he's not being spared by the economic crisis, just like all the other owners of the most majestic Macao casinos. His company called the Sociedade de Jogos de Macao- SJM or STDM in english – enjoyed a monopoly for several decades before facing stiff competition from a new wave of American luxury gaming hotels,  having doomed to certain closure the casino owners in this formerly Portuguese part of China. An illusion....In spite of the emergence of new sumptuous gaming houses and  beautiful casino-hotels, such as the Macau Venetian and Macau Sands.

MGM Grand Macau and many others, the “tiger”, Stanley Ho, is still on his feet at 88 years of age and won't allow himself be counted out...This man with great knowledge of the Chinese casino market has the eye and the strategy to maintain his empire and to keep it out of water in the current climate.  Macau, which is the exact replica of the casino world of Las Vegas, is doing nicely thanks to its many visitors who come en masse every day from across the water, where players and gamblers don't hesitate to travel for the day. Just so long as they fulfill their pleasure, their passion, their addiction. This was understood by the great Stanley, an expert on the world of gaming and the Chinese player. While most of the directors of the large casinos complain of a reduction in their GPG (gross profit from gaming), of morosity and announce job losses, closures of casinos or building work on stand by, Stanley Ho has announced an increase in his market share of 25%  in 2008 and of almost 30% for the first quarter of this year. More or less positive....His strategy, his wisdom, his experience and his strength as a man, enabled him to know how to react in time and to think of the consequences of a financial crisis which spares no one in a similar situation, except those who know the strategy and behaviour to adopt....

© Casinoweb