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Lawrence Ho Yau-lung

(何猷龍)

Lawrence Ho Yau-lung
何猷龍
Chairman, Melco Resorts & Entertainment Ho is a former investment banker at Jardine Fleming and Citibank who took over the operations of Melco in 2001 to refocus the electricity producer’s business on leisure and entertainment. Ho is the only son and youngest child of Lucina Laam King Ying, the second wife of the late Macau casino magnate Stanley Ho. His elder sisters Pansy Ho and Daisy Ho are also involved in the gaming industry.
Lawrence Ho Yau-lung, chairman of Melco Resort and Entertainment, speaks at the InterContinental Hong Kong in Tsim Sha Tsui. Photo: Jonathan Wong
Mergers & Acquisitions

Macau tycoon Lawrence Ho’s family office targets space sector in de-SPAC deal

The business combination with Singapore-based Astrum Space could set the stage for a New York Stock Exchange debut by the end of the year.

Hong Kong society

Hong Kong’s elite pay tribute to philanthropist Maisy Ho at memorial service

Greater Bay Area

Greater Bay Area hospitals bet resort-like services will pull in global visitors

Macau

Tycoon Lawrence Ho’s family office opens world’s first resort hospital in Macau

The hospital, which offers health screening, diagnostic imaging and longevity treatments, will help boost gaming hub’s medical tourism bid.

The integrated resort hospital is housed in Macau’s Studio City. Photo: Handout
International Property

Capital from Hong Kong, mainland China sets sights on UAE property

Inquiries from Chinese buyers surge and Hong Kong’s Gaw Capital and Black Spade Capital make investments.

International Property

Lawrence Ho’s family office invests in Hong Kong real estate broker IFCX

Investment by Black Spade follows the billionaire’s bet on Vietnamese electric vehicle maker VinFast Auto in 2023.

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Hong Kong politics

Macau clears former top judge Sam Hou-fai to stand for election next month

Election commission says committee for safeguarding national security cleared Sam for legal abilities and allegiance to city and country.

Macau’s former top judge Sam Hou-fai held a press conference on August 28 to announce his bid in the city’s chief executive election. Photo: Elson Li
IPO

Melco chairman’s Black Spade Capital lists second SPAC on Nasdaq

Black Spade Acquisition II will use the IPO proceeds to combine with targets in the entertainment, lifestyle and technology industries, particularly those related to AI.

Macau

Macau’s casino operators reveal plans for new attractions outside gaming

Macau’s six casino operators are expected to pump US$14.7 billion into the local economy with non-gaming projects required for new gambling licenses.

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Macau

Macau picks incumbents as Genting tycoon fails in casino bid

The announcement wraps up a jostling for rights to operate gambling halls in the world’s largest betting hub, where Macau remains the only place on Chinese soil where casinos are legal.

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A view of blackjack tables and gamblers inside The Venetian Casino in Macau on December 9, 2016. Photo: Shutterstock
Macau

7 companies vie for Macau’s 6 casino licences in beauty parade

The beauty parade was the culmination of years of work by Macau’s government to reform betting in the world’s gambling capital, as it continues to navigate a fine balance between a fiscal reliance on casino taxes, and Beijing’s push to diversify the city’s economy from betting.

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The Macau government collected about 13.96 billion patacas (US$1.73 billion) from direct gambling taxes in the first seven months of 2022. Photo: Shutterstock
Macau

Malaysian tycoon’s bid for Macau casino licence has stock traders rattled

The entry of Lim Kok Thay into the fray means seven casino operators are vying for six new concessions, which raises the prospect of one of Macau’s established licence holders being run out of town by a newcomer.

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Macau

Malaysian billionaire bids for Macau casino licence, taking on incumbents

The entry of Lim Kok Thay, chairman of Genting Group, into the fray – the ‘only truly global gaming operator’ – may strike fear into the hearts of the existing licence holders vying to keep a foothold, says gaming consultant.

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IPO

Vision Deal SPAC homes in on merger targets in EVs, supply chain, e-commerce

Experts predict a healthy future for special-purpose acquisition companies in Hong Kong as more Chinese companies and entrepreneurs eye the alternative listing mechanism.

People view a Polestar 2 electric sedan in a shopping mall in Shanghai on May 5, 2020. The company’s is set to begin trading in New York on Friday via a merger with a special-purpose acquisition company. Photo: Reuters
Hong Kong economy

Hong Kong Jumbo Floating Restaurant capsizing: towing firm rejects foul play claims

Yoon Ju-dong, senior official of company which operated tugboat escorting Jumbo out of Hong Kong, says it was ‘an accident without any foul play involved’.

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The floating restaurant heads off on its ill-fated journey. Photo: Reuters
IPO

Olympian, former central banker among the star promoters of Hong Kong SPACs

The 11 SPACs that have applied to list in Hong Kong cover a wide range of industries and professions, and are backed by star names that include an Olympic champion and former central banker, among others.

IPO

Black Spade, a SPAC backed by Melco’s chairman, to list in Hong Kong

Lawrence Ho Yau-lung, the chairman and CEO of Macau casino operator Melco Resorts & Entertainment, has backed a special purpose acquisition company (SPAC) to list in Hong Kong.

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Casinos

Macau extends casino licences for 6 months to pass gambling law

The extension gives Macau’s legislature time to pass a new gambling law to regulate the world’s most lucrative casino enclave, after the biggest overhaul of betting regulations in two decades in January.

The main casino floor of the Hard Rock Cafe Hotel inside the City of Dreams complex in Macau on June 1, 2009. Photo: AFP
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