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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.
Illustration by Henry Wong
Greater Bay Area

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

As Macau diversifies beyond gaming, wellness clinics are emerging as the next big pillar of the Greater Bay Area’s economy.

Macau

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

International Property

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

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.

Black Spade signs a deal to invest in IFCX, its first venture into the real estate sector. Photo: Handout
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.

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.

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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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A general view of Bank of China (left), Grand Lisboa and Casino Lisboa (centre) and Wynn Macau (right) in Macau on December 15, 2019. Photo: AFP
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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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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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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All six current operators have submitted bids for the new 10-year gaming licences. Photo: Bloomberg
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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The addition of GMM means there are seven bids for a maximum of six concessions to be granted under Macau’s revamped tendering process. Photo: AFP
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.

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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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.

In this Oct. 9, 2019, file photo, flags are raised outside the Hong Kong Exchange Square building in Central, Hong Kong. Photo: AP
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.

Lawrence Ho Yau-lung, chairman and chief executive officer of Melco Resorts & Entertainment Ltd., speaks during an interview in Macau on May 15, 2018. Photo: Bloomberg
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.

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