• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 23 March 2023
    • 中文
    • 日本語
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • Vietnam
  • Events
  • Consulting
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

2020 Asian Gaming Power 50: Number 11 – Angela Leong

Newsdesk by Newsdesk
Sun 8 Nov 2020 at 11:14
2020 Asian Gaming Power 50: Number 50 – Stephen Ho
25
SHARES
635
VIEWS
Print Friendly, PDF & Email

CO-CHAIRMAN AND EXECUTIVE DIRECTOR
SJM Holdings

MANAGING DIRECTOR AND CHIEF ADMINISTRATION OFFICER
Sociedade de Jogos de Macau, S.A.

POWER SCORE: 1,563
POSITION LAST YEAR: 10

CLAIMS TO FAME

  • Fourth wife of Stanley Ho
  • Largest individual shareholder in SJM Holdings

The writing has been on the wall for Angela Leong since January 2019, when her corporate and personal rival Pansy Ho formed a coalition to control SJM Holdings majority shareholder Sociedade de Turismo e Diversoes de Macau (STDM). The message became even clearer after Leong’s husband Stanley Ho passed away in May at age 98. Yet Leong remains the most powerful executive at SJM, as well as the de facto gaming industry representative in Macau’s legislature, and her fingerprints are all over the former gaming monopoly holder’s future.

In many ways, Leong typifies what China Outbound Tourism Research Institute CEO Wolfgang Arlt terms “the young old,” Chinese who have worked hard in recent decades to accumulate wealth. As they approach or enter retirement, they have time and money for travel.

Leong, turning 60 in March, was born in Guangzhou and, working as a dance instructor, found wealth when she became the fourth wife of Stanley Ho, nearly 40 years her senior. In addition to her largest individual shareholding in SJM at 8.6% plus 6.9% of STDM, Leong has accumulated an international property portfolio worth billions.

SJM’s Cotai integrated resort Grand Lisboa Palace, awaiting government approval to open, features hotels bearing the names and design input of European fashion icons Karl Lagerfeld and Donatella Versace. Its retail mall, however, features more affordable choices, the Macau flagship outlet of China Duty Free Group plus the city’s largest department store from the operators of New Yaohan.

With son and fellow SJM director Arnaldo Ho, Leong’s Macau Theme Park and Resort Ltd is developing HK$5 billion (US$645 million) Lisboeta, across the street from Grand Lisboa Palace. The hotel and entertainment complex – without a theme park or, so far, a casino – promises new-to-Macau attractions such as IMAX and MX4D theaters and simulated skydiving, plus an “old Macau” theme that could drive traffic to that far corner of Cotai. Or Leong’s 10.6 hectare (26 acre) plot could become another piece of her exit package.

For the full list of 2020 Asian Gaming Power 50 winners, click here.

Tags: Current Issue
Share10Share2
Newsdesk

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.

Current Issue

Editorial: Corporate punishment: When is enough, enough?

Editorial: Corporate punishment: When is enough, enough?

by Ben Blaschke
Fri 3 Mar 2023 at 03:15

I’ll start this column with full disclosure: I’m a shareholder in Star Entertainment Group, so what I’m about to say...

Cashless is King

Cashless is King

by Ben Blaschke
Fri 3 Mar 2023 at 02:57

With mandatory cashless gaming now a hot topic in the Australian state of New South Wales amid moves to make...

Problem or Panacea?

Problem or Panacea?

by Paul Newson
Fri 3 Mar 2023 at 02:41

Former NSW gaming regulator Paul Newson examines the pros and cons of the state government’s current push to introduce mandatory...

Hidden Enemies

Hidden Enemies

by Ben Blaschke
Fri 3 Mar 2023 at 02:11

Ahead of this year’s “Regulating the Game” gambling regulation education program, to be held at ICC Sydney from 6 to...

Softswiss
Evolution Asia
Aristocrat
Solaire
Solaire
Beter

Related Posts

The 2022 Asian Gaming Power 50 list

Thriller in Manila

by Ben Blaschke
Thu 8 Dec 2022 at 15:21

In 2022, IAG’s annual Asian Gaming Power 50 Black Tie Gala Dinner moved out of Macau and into the Philippines for the first time in its 15-year history.

The 2022 Asian Gaming Power 50

by Andrew W Scott
Mon 14 Nov 2022 at 02:48

Long established as the definitive list of the most influential figures and personalities in the regional industry, IAG’s Asian Gaming Power 50 celebrates its 15th anniversary in 2022.

2022 Asian Gaming Power 50: Meet the panel

2022 Asian Gaming Power 50: Meet the panel

by Newsdesk
Mon 14 Nov 2022 at 01:54

IAG introduces the eight members of the judging panel who have determined this year’s Asian Gaming Power 50 list.

The 2022 Asian Gaming Power 50 list

The 2022 Asian Gaming Power 50 list

by Newsdesk
Mon 14 Nov 2022 at 01:26

The countdown begins! IAG’s full list of the men and women who made our industry tick in 2022.


Evoplay

IAG

© 2005-2023
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Consulting
  • Magazines
  • Advertise
  • Contact
  • About

© 2005-2023
Inside Asian Gaming.
All rights reserved.