Stanley Ho was the father of Macau gaming, but his involvement in gaming outside of Macau was often questioned because of alleged ties to the criminal triads in the SAR
Shareholders in SJM and his family breathed a sigh of relief last week when billionaire Stanley Ho left the Hong Kong Sanatorium and Hospital. Daughter Pansy Ho, who partnered with MGM Mirage on the MGM Grand Macau, said Ho has regained weight lost before he was hospitalized and he has been walking.
“He’s in very good condition and his health has fully recovered,” she told Hong Kong’s Cable TV News.
Shares in SJM rose more than 5 percent as news of Ho’s release from hospital spread.