Macau casino co-founder Yip Hon, an arch-rival of gambling magnate Stanley Ho Hung-sun, died last night aged 93.
Yip was certified dead on arrival at Queen Mary Hospital after suffering a heart attack at his Magazine Gap Road home.
He had not been out of his home recently and was being tended by a private nurse.
The life-long gambler spent yesterday afternoon studying racing news, but later developed a serious cough. As his condition worsened his doctor was called and he was taken to hospital.
Yip is survived by five sons, several of whom live overseas. Funeral arrangements will be finalised when they return, relatives said.
Yip founded the enclave's casino monopoly company, Sociedade de Turismo s Diversoes de Macau, together with Mr Ho, Teddy Yip and Henry Fok in 1961. But he and his partners later fell out and he sold his casino shares to start the Macau Trotting Club.