Stanley Ho, the man credited with transforming Macau into the world’s gambling hub, has died at the age of 98. Known as the ‘king of gambling’, Ho became a prominent figure in the Macanese gambling market after winning a monopoly licence in 1961, establishing the foundations for his SJM Holdings casino empire. “My father passed away peacefully just now at …
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Macau six set to increase employee wages
Chinese news sources have reported that the six licensed Macau casino operators are set to increase employee salaries by a minimum of 5%, as the casino operators look to overcome a potential 2015 labour shortage in the Asian Gambling hub This week SJM Holdings stated to staff tha they would recieve a 5% pay rise in 2015. SJM Holdings will be …
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