Turning a morally dubious city into the gambling capital of the world wasn’t an easy task at all. The first sensible change came in the 1920s when the first modern-day casinos began to form, although not entirely.
The true big change came in the 60s when Stanley Ho stepped in with his syndicate which obtained a gaming monopoly license and defeated the so-called Macau casino barons. Ho would establish the Sociedade de Turismo e Diversões de Macau (STDM).
The true big change came in the 60s when Stanley Ho stepped in with his syndicate which obtained a gaming monopoly license and defeated the so-called Macau casino barons. Ho would establish the Sociedade de Turismo e Diversões de Macau (STDM).