• Wed
  • Jul 23, 2014
  • Updated: 7:58pm

Thoughts of a gambling king

PUBLISHED : Friday, 04 February, 2000, 12:00am
UPDATED : Friday, 04 February, 2000, 12:00am

On a family successor to his throne: I have my two daughters to help me in Shun Tak and they like the job. But when it comes to gambling, I can't force them. They don't seem to like operating casinos. My son only just graduated, I cannot say: 'Lawrence you must take over from me.' I can't do that. It's going to be difficult.


The Macau casino franchise: One day the monopoly has to be broken. I believe in competition but having run it for 37 years, finding a new competitor at this stage will not be easy for Macau. Having contributed so much to Macau how on Earth can you expect another competitor to match what I have done . . . there is no way.


His alleged links to Norinco, the mainland's arms dealer and defence industry giant: Rubbish, as if I would have anything to do with firearms, never in my life, never. I have never heard such rubbish, it's a joke again.


On suggestions in the Philippines that he is in debt to the Hong Kong Government: They say Stanley Ho is in grave financial difficulties, that he now owes the Hong Kong Government $9 billion. I don't owe the Hong Kong Government one cent. They have gone crazy alleging all the things they can think of.


On the future of triads in Macau: The flag has been changed; the triads are afraid of the Communists and they have left, leaving Macau very peaceful.


THOUGHTS OF A GAMBLING KING

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