If you thought your family drama was a nightmare, consider what gambling tycoon Stanley Ho's family is going through right now. The 89-year-old billionaire is attempting to split up his empire between his four wives and sixteen children, but squabbling over control of his empire has unleashed lawsuits left and right.
After a series of suits a few weeks ago, Ho made a public appearance saying everything was under control, and that the family was hoping to handle matters in-house. Well, that hasn't happened, and Ho is back in court suing his own children again.
The latest suit has been filed against two of the more successful members of the family, Pansy and Daisy. Pansy has a 50% stake in a Macau casino venture with MGM Resorts
So what does this mean around Macau? It's good news that Melco Crown Chief Executive Lawrence Ho, Stanley's son, wasn't named in the latest suit, but it seems as if that could change any day. Las Vegas Sands
This drama doesn't seem ready to end any time soon. It's just a matter of who gets dragged into the fight, and who comes out with what.
The family drama in Macau needs to become a reality show . We have billions of dollars at stake, gambling, and alleged ties to the mob. It would be like Bugsy Siegel meets The Sopranos meets The Apprentice. I don't know about you, but I've got my popcorn ready.
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