Inside Asian Gaming

IAG NOV 2019年11月亞博匯 56 PANSY HO 何超瓊 5 CO-CHAIRPERSON AND EXECUTIVE DIRECTOR MGM China Holdings Ltd GROUP EXECUTIVE CHAIRMAN AND MANAGING DIRECTOR Shun Tak Holdings DIRECTOR STDM 聯席董事長兼執行董事 美高梅中國控股有限公司 集團行政主席兼董事總經理 信德集團有限公司 董事 澳門旅遊娛樂股份有限公司 CLAIMS TO FAME • Among the most prominent of Dr Stanley Ho’s 17 children • Has interests in two Macau concessionaires plus multiple other real estate and hospitality groups 名成事跡 • 何鴻燊17個兒女中，身份最顯赫之一 • 在澳門兩家博企中均持有股權，以及管理多間房地產及酒店業公司 ONE of Macau and Hong Kong’s most prominent businesswomen with a broad portfolio of real estate, travel and entertainment interests, it is Pansy Ho’s 22.49% personal stake in Macau gaming concessionaire MGM China Holdings Ltd that has formed the backbone of her success. And it’s been an important 18 months for MGM, whose flagship Macau casino and resort MGM Cotai – opened in February 2018 following a series of untimely delays – has started clawing back valuable market share. At its lowest point in late 2017, MGM’s Macau market share had slumped to just 7% but that figure has now jumped back to 9% and climbing on the back of its Cotai operations. MGM Cotai itself reported net revenue of US$315.9 million in 2Q19, up from US$184.7 million 12 months earlier, helping push MGM China to a 26% year-on-year increase in GGR. In another positive, the company said that 80% of its second quarter profit was derived from mass market gaming – widely tipped to be the future of the local gaming industry. That’s good news for Pansy Ho, but she certainly hasn’t used MGM’s recovery as an excuse to rest on her laurels. Instead, in January of this year she made her move for control of Sociedade de Turismo e Diversões de Macau, SA – the one-time holder of a monopoly on Macau’s casino industry that was founded by her father, Stanley Ho, in 1962 and is nowmajority owner of SJMHoldings. Alongside MGM, 2019 POWER 50 POWER SCORE 權能指數 : 3,491 POSITION LAST YEAR 去年排名 : 10