Casino King Takes Gamble To Fend Off Macau Rivals - WSJ
August 19, 2008 · Print This Article
Macau gambling magnate Stanley Ho is betting a new casino and a public offering will help put the company on the offensive as it faces Las Vegas operators. The 86-year-old pushed through an IPO for the company he controls, SJM Holdings Ltd., raising $494 million despite stock-market jitters. SJM shares closed at HK$2.69 Friday, down 13%.
More: continued here
Comments
Got something to say?
You must be logged in to post a comment.