Macau casino legend Stanley Ho folds

Architect of modern Macau gaming and much more, 96 year old Stanley Ho has stepped down from casino company SJM, once Macau’s market leader, now an also-ran. Ho leaves a gaggle of family and professional rivals to attempt SJM’s turnaround.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.