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Macao gambling tycoon dies at 98

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Stanley Ho, who built a four-decade monopoly on casinos in Macao, died Tuesday. He was 98.

Considered the father of modern gambling in China, Ho was the former Portuguese colony’s richest tycoon.

“I don’t gamble at all. I don’t have the patience,” Ho told The Associated Press in a rare interview in 2001. “Don’t expect to make money in gambling. It’s a house game. It’s for the house.”

Read more from The Associated Press.


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