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If at first you don’t succeed…

by Newsdesk

Tue 13 Jan 2009 at 16:00

3 Stanley Ho

Macau’s veteran gaming entrepreneur Stanley Ho may finally have found a way of reaching the pockets of Australian gamblers without incurring any objections from the country’s gaming regulators.

Dr Ho has been turned down in the past for a casino operating licence in Australia. Now though he has reportedly expressed ‘interest’ in backing the proposed Palm Meadows racetrack on Queensland’s Gold Coast.

Following a meeting in Hong Kong on Monday, Queensland Racing’s racing manager, Malcolm Tuttle, said Dr Ho gave him and QR’s chairman Bob Bentley a one-hour hearing on a proposed financial model. They will make a full report to the QR board on 6th February.

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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