Stanley Ho, born on November 25, 1921, also known as Ho Hung Sun, Stanley Ho Hung Sun, is a Hong Kong and Macanese business magnate. Ho is nicknamed "The King of Gambling", a reference the government-granted monopoly he held on the Macau gambling industry for 40 years.
Stanley Ho moves stake to daughters' firm
Casino mogul Stanley Ho Hung-sun transferred part of his personal stake in Shun Tak Holdings to a company that is owned by his daughters. A stock exchange filing shows that on November 29, Ho reduced his holdings from 20.27 per cent to 8.74 per cent. Ranillo Investments' stake in Shun Tak increased from 6.83 per cent to 18.39 per cent. Pansy Ho, Daisy Ho and Maisy Ho each hold a 20 per cent stake in Ranillo.