HONG KONG—Casino tycoon Stanley Ho, whose business empire dominated the Portuguese gambling enclave of Macao for decades, has died in Hong Kong at age 98.
Ho was considered as the “godfather of modern gambling” in China, his long and eventful life tracked the ebb and flow of southern China’s fortunes. After a swashbuckling start as a kerosene trader, he ended up as Macau’s richest person, a lavish spender and debonair ballroom dancer.