Pansy Ho | World Casino News

Pansy Ho offloads another significant MGM Resorts International stake

November 23, 2019

Latest Casino and Gambling News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau, the Co-Chair for local casino operator MGM China Holdings Limited, Pansy Ho (pictured), has reportedly made approximately $140.2 million after offloading a 0.87% stake she held in parent firm MGM Reso...

Adelson reigns as king on Forbes list of wealthy gaming investors

K Morrison

March 12, 2018

Austria, Latest Casino and Gambling News, Las Vegas, Macau, Singapore, Nevada

Forbes recently published its World's Billionaires list and a number of casino tycoons from the US and abroad rank among them. Despite descending one position in the overall ranking, Sheldon Adelson (picture...

Macau casino tycoon Stanley Ho set to retire

Adam Morgan

June 26, 2017

Latest Casino and Gambling News, Employment & Careers, Macau

After more than four decades serving on the board of Shun Tak Holdings Limited, Macau gambling tycoon Stanley Ho is reportedly stepping down as the firm’s Chairman and is to hand the reins for the giant conglom...

Good year for Macau casino entrepreneurs

Adam Morgan

January 18, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

After suffering through 26 months of decline, the previous five months have seen the casino market in Macau post improvements in aggregated gross gambling revenues and this has reportedly helped some of the fig...

MGM Resorts International completes purchase of additional MGM China shares

Martin Chua

September 2, 2016

Latest Casino and Gambling News

American casino operator MGM Resorts International has now completed the $325 million acquisition of an additional 5% stake in its MGM China Holdings Limited subsidiary from Hong Kong entrepreneur Pansy Ho. ...

MGM Resorts International increases stake in Macau subsidiary

Martin Chua

August 17, 2016

Latest Casino and Gambling News, Casino News, Casino project updates, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

American casino operator MGM Resorts International has spent around $325 million in order to acquire an additional 5% stake in its MGM China Holdings Limited subsidiary from Hong Kong entrepreneur Pansy Ho. ...

Q1 2017 opening of MGM Cotai “achievable”; Ho fighting for Van Nam Lake parcels

Martin Chua

June 29, 2016

Latest Casino and Gambling News, Casino News, Casino project updates, Macau

Local television and radio broadcaster Teledifusão de Macau reports that the MGM Cotai casino resort, originally scheduled to open by the end of 2016, will not experience any serious delays according to an arti...

Portuguese online gaming launches June 28–Estoril Sol dismayed

Lars Jones

June 14, 2015

Latest Casino and Gambling News, Licensing, Portugal

Estoril Sol is owned by Portuguese operator Sociedade de Turismo e Diversões de Macau (STDM). The parent company saw their profits drop by 95% in 2014 and they blame those losses on increased taxes from the gov...