The macau Casino Industry thanks to their father, stanley ho. The siblings have a combined net worth of 7 billion. For the last decade, they have met stiff competition. From a las vegas billionaire who is known for constantly betting against the odds. Sheldon they predicted i would not even open. They did not believe somebody else could do Something Better than they could. Betty they underestimated you. Sheldon they grossly underestimated me. Betty Sheldon Adelson is ceo of vegas sands, with a net worth of 35 billion. Much of that wealth made on his macau casinos. The race for macau pits billionaire against billionaire. All vying for the attention of the 1. 3 billion chinese to the north. Macau is an 11square mile enclave on the Southern Coast of mainland china. For over four centuries, it was under portuguese rule. Today it is the closest place to china where gambling is legal. In 1962, chinese businessman stanley ho was the first person to usher in a new era of casinos in macau. For
Betty siblings lawrence and pansy ho have become leaders in the industry thanks to their father, stanley ho. The siblings have a combined net worth of 7 billion. For the last decade, they have met stiff competition. From a las vegas billionaire who is known for constantly betting against the odds. Sheldon they predicted i would not even open. They did not believe somebody else could do Something Better than they could. Betty they underestimated you. Sheldon they grossly underestimated me. Betty Sheldon Adelson is ceo of vegas sands, with a net worth of 35 billion. Much of that wealth made on his macau casinos. The race for macau pits billionaire against billionaire. All vying for the attention of the 1. 3 billion chinese to the north. Macau is an 11square mile enclave on the Southern Coast of mainland china. For over four centuries, it was under portuguese rule. Today it is the closest place to china where gambling is legal. In 1962, chinese businessman stanley ho was the first person
Pansy ho have become leaders in the industry thanks to their father, stanley ho. The siblings have a combined net worth of 7 billion. For the last decade, they have met stiff competition. From a las vegas billionaire who is known for constantly betting against the odds. Sheldon they predicted i would not even open. They did not believe somebody else could do Something Better than they could. Betty they underestimated you. Sheldon they grossly underestimated me. Betty Sheldon Adelson is ceo of vegas sands, with a net worth of 35 billion. Much of that wealth made on his macau casinos. The race for macau pits billionaire against billionaire. All vying for the attention of the 1. 3 billion chinese to the north. Macau is an 11square mile enclave on the Southern Coast of mainland china. For over four centuries, it was under portuguese rule. Today it is the closest place to china where gambling is legal. In 1962, chinese businessman stanley ho was the first person to usher in a new era of cas
All that and more on nightly Business Report for monday, december 1. Good evening, glad you could join us. Susie gharib has this evening off. December is traditionally a strong month for the markets but there was no santa claus rally today no, siree. Oil prices went on a confounding ride, down and then up, and stocks seemed caught in oils spell. But that wasnt all. Stocks were also tripped up by weak Economic Data from china and signs retail sales here in the u. S. Werent so hot this past weekend. More on that in just a moment. But heres how the markets looked at the closing bell. The dow ending 51 points lower than fridays record close and the dow transports were sharply lower today, too, we should point out. The nasdaq lost 64 points and the s p was down 14. But once again, the big story today was the price of crude, which began the day by sinking below 64 a barrel to a fresh fiveyear low. But then midsession crude began surging higher. Finally gaining more than 4 . Its biggest oneda
All that and more on nightly Business Report for monday, december 1. Good evening, glad you could join us. Susie gharib has this evening off. December is traditionally a strong month for the markets but there was no santa claus rally today no, siree. Oil prices went on a confounding ride, down and then up, and stocks seemed caught in oils spell. But that wasnt all. Stocks were also tripped up by weak Economic Data from china and signs retail sales here in the u. S. Werent so hot this past weekend. More on that in just a moment. But heres how the markets looked at the closing bell. The dow ending 51 points lower than fridays record close and the dow transports were sharply lower today, too, we should point out. The nasdaq lost 64 points and the s p was down 14. But once again, the big story today was the price of crude, which began the day by sinking below 64 a barrel to a fresh fiveyear low. But then midsession crude began surging higher. Finally gaining more than 4 . Its biggest oneda