Macau casino tycoon Stanley Ho dies aged 98

Stanley Ho, the Hong Kong-born tycoon who made billions transforming neighbouring Macau from a sleepy Portuguese outpost into the world’s biggest gambling hub, died on Tuesday at 98, his family said.

Known as the “godfather” of Macau’s casinos, Ho was instrumental in turning the semi-autonomous city on China’s southern coastline into a gambling boomtown. China’s state-run CCTV described Ho as a “patriotic entrepreneur”.