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Politics : War -- Ignore unavailable to you. Want to Upgrade?

To: average joe who wrote (586)	1/17/2001 6:08:22 AM
From: GUSTAVE JAEGER	Respond to of 23908

Re: It all boils down to luck and gambling and it helps to live in a society that protects and guarantees your right to gamble. HEY JOE! Who told you that China would not protect your "right to gamble"?! To be sure, gamblers are most welcome in China.... PLACE YOUR BETS! Stanley Ho Plays On At age 78, other tycoons would cash in their plenteous chips and just enjoy life. Not Stanley Ho. Macau's gambling king is fighting to extend his casino monopoly and develop new businesses. And he's enjoying life. By Bruce Gilley with Dan Biers in Hong Kong Issue cover-dated December 9, 1999 Who's afraid of the Macau handover? Stanley Ho, that's who. Sure, he's a favourite son of Beijing, a major backer of incoming chief executive Edmund Ho, and the king of the enclave's sustaining casinos. But Stanley Ho is squirming uncomfortably in his Hong Kong office as the December 19 return of the Portuguese territory to China nears. The reason is no secret. The monopoly that Ho won in 1961 to run Macau's casinos will expire in 2001 and Edmund Ho (who is no relation) isn't saying if his patron's licence will be renewed. Indeed, there's growing support in Macau for introducing competition to the gambling business, even though most expect the status quo to be prolonged for a few more years. Stanley Ho does not like the whiff of change one bit. "If there is more than one licensee, there will be fighting between the two licensees. This would be dangerous," he warns during an interview in his Hong Kong office. Besides, he says, no newcomer could contribute as much to Macau as does his casino syndicate, Sociedade de Turismo e Diversoes de Macau, or STDM. Its tax payments cover more than half of government revenues. It even dredges the Macau harbour. [snip] feer.com