Stanley Ho made Macao's gaming industry into today's giant

Businessman's ingenious casinos set stage for 21st century gambling boom

JORGE GODINHO, Contributing writer

MACAO -- When Stanley Ho, the entrepreneur who turned Macao's gambling industry into the world's biggest, was still early in his career, he had to be ingenious. In the 1960s, it was not easy to finance investments in gaming and building casino-hotels, so he converted a Hong Kong floating restaurant into a floating casino permanently moored in Macao's busiest area, the Inner Harbor, in 1962.

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