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Article: Casino Magnate Says Macao Casino Business Satisfying

Article from:
Xinhua News Agency
Article date:
March 26, 1998
Copyright

Macao casino magnate Stanley Ho said that Macao casinos achieved a "quite satisfying business" in 1997, and that he is confident of the future of Macao casinos.

A report in Thursday's Macao Daily News quoted Stanley Ho, general manager of the Macao Tourism and Amusement Company (STDM) which runs franchise casino business in Macao, as saying on Wednesday that casino business was better in 1997 than in 1996.

Ho refused to reveal detailed figures of his casino business income last year, saying the income would not be announced until the Macao Legislative Assembly finished discussing about it. However, he said the Macao Jockey Club made a net profit of 41 ...

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