Inside Asian Gaming

IAG JAPAN NOV 2021 56 1-10 CO-CHAIRPERSON AND MANAGING DIRECTOR MGM China GROUP EXECUTIVE CHAIRMAN AND MANAGING DIRECTOR Shun Tak Holdings DIRECTOR STDM 共同会長兼業務執行取締役 MGMチャイナ グループ取締役会長兼マネージング・ディレクター 信徳集団(シュンタックホールディングス) 取締役 STDM CLAIMS TO FAME 評価理由 POWER SCORE パワースコア : 2,809 POSITION LAST YEAR 昨年の順位 : 3 Arguably the most prominent of Dr Stanley Ho’s 17 children Has interests in two Macau concessionaires plus multiple other real estate and hospitality holdings • • • • スタンレー・ホー（何鴻 燊 ）博士の17人の子供の中で最も著名な人物の 1人 マカオのコンセッション保有2社およびその他多くの不動産、ホスピタリテ ィグループ株を所有 PANSY HO パンジー・ホー（何超瓊） EYES have been firmly fixed on Pansy Ho Chiu King, daughter of Macau gaming magnate Dr Stanley Ho, ever since she effectively took majority control of Sociedade de Turismo e Diversões de Macau, S.A. (STDM) in early 2019 as part of an alliance with the Fok Foundation. STDM is the controlling shareholder of Macau casino concessionaire SJM Resorts Ltd, previously known as Sociedade de Jogos de Macau, S.A, which has long operated under an uneasy alliance, comprising the likes of Angela Leong – Dr Ho’s fourth wife – and Ambrose So on one side, and Pansy and her sister Daisy, SJM’s Chairman, on the other. The Pansy Ho-led alliance with the Foks sparked speculation that she was positioning herself to assume day-to-day control of the casino firm founded by her father, although no such moves have been made just yet. Nevertheless, few people wield such widespread influence in Macau as the 59-year-old. While her interest in SJM remains passive for now, Ho remains both a major shareholder and active leader of another Macau concession holder, MGM China, where she last year assumed the role of Managing Director following the retirement of long-time CEO Grant Bowie. No doubt she had greater plans for MGM China when she took over day-to-day-operations than the COVID-19 pandemic has allowed, with the company barely crawling to profit in the first half of 2021 after recording EBITDA losses through much of 2020. 4