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Heirs Fight for Control of Stanley Ho's Casino Empire

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Heirs Fight for Control of Stanley Ho's Casino Empire UNEMPLOYMENT RATE EUROPE’S RETAIL ROUT STOOD AT 1.8 PERCENT 40 LOCAL DEEPENS The unemployment rate was 1.8pct ARTISTS Traditional bricks-and-mortar in 2018, the Statistics and Census JOIN NEW stores in the U.K. and Germany Service revealed, saying that the are poised to cut thousands of EXHIBITION situation last year was ‘favorable’ jobs as online shopping grows P4 P7 MDT REPORT P9 BUSINESS TUE.29 Jan 2019 T. 15º/ 21º C H. 60/ 90% facebook.com/mdtimes + 12,000 MOP 8.00 3219 N.º HKD 10.00 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho www.macaudailytimes.com.mo “ THE TIMES THEY ARE A-CHANGIN’ ” Leading human rights lawyer sentenced P11 CHINA BLOOMBERG WORLD BRIEFS AP PHOTO CHINA-JAPAN Japanese Prime Minister Shinzo Abe pledged he will further expand his Heirs fight country’s already improving ties with China but said Japan still needs to bolster its defense for control capability amid concern about Chinese military activity. More on p10 of Stanley INDONESIA Separatists opened fire on an aircraft carrying military personnel and local Ho’s casino government officials in Indonesia’s easternmost Papua region, killing one soldier. empire P3 GAMING AP PHOTO PHILIPPINES President Rodrigo Duterte and his top security officials yesterday visited a Catholic cathedral in the southern Philippines where suspected Islamic militants set off bombs that killed at least 20 people and wounded more than 100. More on p13 More on backpage 29.01.2019 tue th Anniversary 2 MACAU 澳聞 WWW.MACAUDAILYTIMES.COM.MO CRIME Another gambling loan goes south Renato Marques A few minutes later, the vic- tims fulfilled their part of the happy experience in Ma- BLOOMBERG deal, handing the sum in cash Acau of a lucky 30-year-old to the suspects, who requested tourist from mainland China them to wait “for a while” while soon turned into a nightmare. they were retrieving the chips. A Judiciary Police (PJ) spokes- Around 11:30 p.m. the vic- person revealed yesterday that a tims decided to call the suspects 48-year-old male suspect from to ask them to meet to get the the mainland in this case was chips. The chosen meeting point finally caught last Friday while was the lobby of the hotel. trying to exit the region at the Instead of the two suspec- Border Gate checkpoint. The ts, the victims met with only man has been presented to the one of them, who informed Public Prosecutions Office for the victims that the other had breach of trust, after tricking a taken off with the money. victim into transferring his casi- The victims then called the PJ no earnings into his VIP account and the first suspect was detai- at a local casino. ned on site. In October, the victim bor- During questioning, the first rowed HKD500,000 from the suspect told the police where suspect to gamble. The victim’s they could find the second sus- luck allowed him to transform pect, who was also caught by the the initial HKD500,000 into authorities. HKD4 million. However, when Although both suspects were trying to return the borrowed sum, however the suspect was million of the original HKD3.5 for the HKD200,000 in cash detained, there is no further in- money, the suspect suggested now out of reach. The victim million. that the victims had, and they formation as to the whereabouts that the victim deposit the chips decided to file a complaint with In a separate event occurring did not hesitate. of the victim’s money. into his VIP account at the ca- the PJ, feeling that he had been last Thursday evening, two sino in order to be more easily scammed. alleged victims (aged 36 and transformed into cash. The vic- Police investigations were able 37 years old) claimed to have tim accepted, but the suspect to identify the suspect, but were been scammed by two other REAL ESTATE SCAM VICTIMS AND AMOUNT UPDATES only handed him HKD1 million only able to find and intercept men (aged 49 and 46) who offe- instead of the HKD3.5 million, him on Jan. 25, 2019. red them a deal “too good to be AT A press conference held yester- number of victims has now risen to telling him that he needed to Questioned by the PJ, he de- true.” day, the PJ spokesperson updated 56, of which 54 are locals, with one wait a couple of days before he nied committing the crime, but According to the report of the most recent figures involving from Hong Kong and another from could withdraw the full sum. police say that they have enough the victims, the suspects of- the case of the real estate scam the mainland. After the new calcu- involving businesswoman Isabel lations, the sum lost by the inves- On October 26, the victim sou- evidence to prove his guilt. fered to exchange a total of Chiang. According to the PJ, the tors surpasses HKD255 million. ght to request the remaining The victim retained HKD1 HKD400,000 in gaming chips ‘Ferrari: Under the Skin’ opens in Asia for the first time ACAU resort City of tors on an immersive jour- against-the-odds beginnin- and design. Among the hi- MDreams is teaming up ney exploring the history gs in an Italy ravaged by ghlights set to thrill visitors with the Design Museum of and design of the world’s the Second World War to is an exact replica of the London and Italian luxury most iconic and luxurious the glamor and glory of the first Ferrari ever made in sports car manufacturer car brand. Curated by the brand today. The exhibi- 1947, the 2000 Formula 1 Ferrari to present the “Fer- Design Museum and the tion captures the passion, championship-winning car rari: Under the Skin” exhi- Museo Ferrari, the exhibi- ambition and relentless driven by Michael Schu- bition in Asia for the first tion features over 10 cars of drive for excellence that macher, as well as an elite time. significance and some 100 has made Ferrari one of the selection of vintage racing Following on from highly original artifacts from the most sought-after names cars that hold a special pla- acclaimed runs at the Mu- legendary Italian marque’s among motor enthusiasts ce in Ferrari’s incredible Meanwhile, Deyan Sud- thralling a new audience seo Ferrari in Maranello, rich history, many of which the world over. story. jic, director of the Design in Macau. It’s particularly Italy and the Design Mu- are from private collections “Ferrari: Under the Skin” Regarding the joint pro- Museum, said that the appropriate that it will be seum in London, the exhi- and are being displayed to is divided into six distinct ject, David Sisk, property exhibition showed “the shown in a venue so clo- bition is being showcased the public for the first time zones, showcasing every- president of City of Dreams remarkable creative pro- sely associated with the at the City of Dreams in in Asia. thing from original hand- Macau, said “the collabo- cess that goes into desig- architecture of Dame Zaha Macau until June 16. For the duration of the drawn sketches and early ration between the two ning, building and racing Hadid, a brilliant designer, According to a statement exhibition, City of Dreams wooden master models ultra-luxury brands highli- some of the most beauti- and a long-term friend of from resort operator Melco will transform its contem- to engines, gearboxes and ghts our shared values and ful and powerful cars ever the Design Museum,” ad- Resorts & Entertainment, porary art space into a mu- other parts that illustrate relentless drive to keep rai- made.” ded Sudjic, referring to the the major HKD2 billion- seum that will showcase Ferrari’s ground-breaking sing the bar,” according to “We are delighted that work of Hadid on the Mor- valued exhibition takes visi- the rise of Ferrari from its engineering techniques the Melco statement. the exhibition will be en- pheus tower. www.macaudailytimes.com.mo EDITOR-IN-CHIEF (DIRECTOR)_Paulo Coutinho [email protected] A MACAU TIMES PUBLICATIONS LTD PUBLICATION MANAGING EDITOR_Paulo Barbosa [email protected] CONTRIBUTING EDITORS_Eric Sautedé, Leanda Lee, Severo Portela ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER + 4 Million page views Kowie Geldenhuys [email protected] NEWSROOM AND CONTRIBUTORS_Albano Martins, Annabel Jackson, Daniel Beitler, Emilie Tran, SECRETARY Juliana Cheang [email protected] PER MONTH Grace Yu, Ivo Carneiro de Sousa, Jacky I.F. Cheong, Jenny Lao-Phillips, João Palla Martins, Joseph ADDRESS Av. da Praia Grande, 599, Edif. Comercial Rodrigues, 12 Floor C, Cheung, Julie Zhu, Juliet Risdon, Lynzy Valles, Renato Marques, Richard Whitfield, Viviana Seguí MACAU SAR Telephones: +853 287 160 81/2 Fax: +853 287 160 84 DESIGNERS_Eva Bucho, Miguel Bandeira | ASSOCIATE CONTRIBUTORS_JML Property, MdME Lawyers, PokerStars, Advertisement [email protected] Thank You! Ruan Du Toit Bester | NEWS AGENCIES_ Associated Press, Bloomberg, Financial Times, MacauHub, MacauNews, For subscription and general issues: [email protected] | Printed at Welfare Printing Ltd +12,000 like us on facebook.com/mdtimes Xinhua | SECRETARY_Yang Dongxiao [email protected] SEND NEWSWORTHY INFORMATION AND PRESS RELEASES TO: [email protected] WEBSITE: WWW.MACAUDAILYTIMES.COM.MO tue 29.01.2019 th Anniversary MACAU’S LEADING NEWSPAPER 澳聞 MACAU 3 new alliance emer- GAMING ged among some of billionaire Stanley Ho’s 17 children in theA decade-long family battle for his Macau casino empire, Extended family wrangles for and eldest daughter Pansy looks the likely victor. As the Times reported last week, Ho announced that control of Stanley Ho’s empire she had joined up with some LAWRENCE HO siblings and the Henry Fok Foundation and would hold a combined 53 percent in Sociedade de Turismo e Di- versoes de Macau (STDM), which controls casino ope- rator SJM Holdings Ltd.
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