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Stanley Ho has been at the head of a casino empire in Macao for over forty years. He has ruled as a complete master for many decades in the ex- Portuguese colony ceded to China. But many things may change in the weeks or months to come. The « King of Gambling's » state of health is not good, it must be said that at 87 and after enduring some hard years to build his monumental empire from scratch, Stanley Ho is tired. At the moment he is in intensive care, the casino magnat had an operation on his brain during which a blood clot was removed. But now two questions have arisen: Who will succeed Stanley Ho? How will the stock market react to a death?

Stanley Ho's succession
Stanley Ho was married four times and he is the father of 12 children. In the event of the patriarch's death, it can be a sure bet that the disaray will be great in this divided family. Lawrence Ho, the eldest male descendant, should, according to Chinese tradition, be the heir to Stanley's empire. This young 32 year old entrepreneur is already at the head of two companies, notably Melco Crown Entertainment and he is the creator of the « City of Dreams » project. Pansy, one of Stanley's daughters also manages a company Shun Tak Holdings and the MGM Macao Grand Casino. Lawrence and Pansy are Stanley Ho's children with his second wife.

In the case of an unequal distribution of the King of Gambling's companies among his children, it could happen that the Macao lawyers will have plenty of work looking after the rights of each of the Ho children. In fact, in the case of a dispute, it could be that Ho's children and four wives will contest a fortune estimated at several billion dollars and tension is inevitable. Stanley Ho's last wife intends taking a major place in her husband's business but court battles are predicted in the family.

The stock market has its eyes rivetted on Stanley Ho's state of health
The stock market is holding its breath and stocks vary depending on the state of health of the Macao casino magnat. Investors fear that Stanley Ho's company, SJM Holding, wil be left without an heir. Shares have fallen by 4,6% and are « yo-yoing » depending on the Macao magnat's health. Stocks are dependent on Ho's hospitalisation and financial analyists all agree with the statement that Stanley Ho's empire was built on the excellent relationship that he has with numerous investors, these could withdraw from the business.

But let's not jump the gun, Stanley Ho isn't ( yet? ) dead. But one thing is sure, in the case of a death, family quarrels will make the front pages of the newspapers and the stock market rates will depend on the heirs. To be continued...

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