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Despite the influx of big spenders, Macau is still a far cry from America's glamorous Sin City. For the past four decades, the government endorsed the casino monopoly run by local tycoon Stanley Ho, 82, who failed to fully modernize even his flagship Hotel Lisboa. In the run-up to the 1999 handover, rival loan sharks inspired many of the turf wars in the gangster-ridden colony. Violence escalated to the point that in 1997 Macau's Secretary of Security reassured tourists that they were unlikely to get caught in the crossfire because the city had "professional killers...

Author: /time Magazine | Title: Vegas Plays to the World | 7/26/2004 | See Source »

...Sands Macao in May. Despite the influx of big spenders, Macau is still a far cry from America's glamorous Sin City. For the past four decades, the government endorsed the casino monopoly run by local tycoon Stanley Ho, 82, who failed to fully modernize even his flagship Hotel Lisboa. In the run-up to the 1999 handover, rival loan sharks inspired many of the turf wars in the gangster-ridden colony. Violence escalated to the point that in 1997 Macau's Secretary of Security reassured tourists that they were unlikely to get caught in the crossfire because the city...

Author: /time Magazine | Title: Exporting The Fun | 7/25/2004 | See Source »

...revenue and supports the city's only major industry, tourism?has been the exclusive province of Stanley Ho, an elusive 82-year-old casino-and-property tycoon. His company, Sociedade de Turismo e Divers?es de Macau (STDM), has not kept gaming operations in step with the times. The Lisboa hotel and casino, the flagship of 12 Macau gambling houses owned and operated by Ho, opened in 1970, and years of hard use are reflected in the venue's shopworn carpets and smoky, musty atmosphere. "The old casinos are just all tables for you to gamble," says Gigi Santos, a Filipina...

Author: /time Magazine | Title: Macau's Big Score | 5/24/2004 | See Source »

...Macau is former monopolist Ho. "Stanley Ho is going to have to change his thinking," warns Adelson. Maybe. But Ho's daughter, Pansy Ho, an STDM director, is negotiating with MGM Mirage, the world's biggest casino operator, for a possible alliance. Ho is building a second, $250 million Lisboa across the street from the original. And he is also constructing a $140 million amusement park called Fisherman's Wharf, set to open later this year on a pier jutting into Macau's harbor. "We want to show Chinese tourists a place that's more family-style," says...

Author: /time Magazine | Title: Macau's Big Score | 5/24/2004 | See Source »

...Pablo Neruda Foundation, which is to be created upon Matilde's death. He tells the communists that if they deny the dead woman's wishes and allow all leftist groups to converge on the cemetery under no specific leadership and without the church, he will authorize the Foundation. Lisboa's group accepts, but Fox meanwhile calls hundreds of police troops to surround the cemetery and to take notes on the leftists in attendance. The communists achieve their foundation, but they compromise their secrecy and power in doing...

Author: By Katherine E. Bliss, | Title: Donoso's Vague Chile | 7/6/1988 | See Source »

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