| Steve Wynn
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| | industry in Asia who for more than 30
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| The third serious player on the market of
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| | years was the single ruler of this
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| gambling entertainments in Las Vegas and
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| | industry in Macao. Stanley was born in
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| Macao. Steve was born in 1942 in
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| | 1921 in Hong Kong. His great-grandfather
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| Connecticut. Unlike Kirk and Sheldon,
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| | was a Dutch Jew who married a local
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| Steve received very good education,
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| | woman. The Ho family was one of the most
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| according to American standards - he
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| | renowned and influential in Hong Kong.
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| graduated from Pennsylvania university.
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| | But Stanley was not able to make use of
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| Steve had to engage in private business
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| | the wealth of this family. His father
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| straight after graduation. His father,
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| | went bankrupt, when Stanley was a
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| the owner of the network of bingo clubs
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| | student. Due to financial break-down his
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| in the west of the U.S., died when Steve
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| | two brothers committed a suicide, and his
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| was still a student. The son continues
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| | father renounced his family and left
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| his business. Steve's career in "big"
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| | Stanley with two sisters and mother.
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| business starts in 1967. Having saved
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| | Despite all hardships, he successfully
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| some money, he buys a small share of the
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| | graduated from Hong Kong university and
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| casino-hotel "Frontier" in Las Vegas,
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| | mastered three languages. Stanley started
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| where he moved for permanent residence
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| | his career in a trade company, located in
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| together with his wife. Having no funds
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| | Macao. Outstanding business skills and
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| to build his own casino, Steve gets
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| | proficiency in several languages allow
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| acquainted with the owners of the already
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| | him to become a shareholder of the
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| existing casinos and offers them his
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| | company at the age of 21. Ho received his
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| services in renewal of their business.
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| | first fortune as a result of a very
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| His first project was reconstruction of
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| | unpleasant accident. Stanley was
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| the casino «Golden Nugget». Steve
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| | responsible for sea trade. During one of
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| transformed the absolutely ordinary
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| | the voyages the ship with Stanley, who
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| casino into a luxurious institution,
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| | carried a great amount of money, aboard
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| which immediately became a great success
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| | was subject to an armed attack. Stanley,
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| with the players. Having showed himself
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| | practically on his own (many of his
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| and earned a pretty penny, Steve decided
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| | fellow employees were killed) stands
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| to invest money into buying shares of
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| | against the gang and returns both the
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| other Vegas casinos, in order to
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| | money and the ship. The company duly
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| reconstruct them as well. The following
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| | appreciated the courage of their employee
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| major project is renovation of the casino
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| | and rewarded him a bonus of one million!
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| «The Mirage». According to Steve's
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| | In 1943 Ho invested his million into
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| conception, it was to become the most
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| | construction industry, his new company is
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| outstanding, rich, elite casino of Las
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| | located in Hong Kong. At this time the
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| Vegas. He intends to found there a big
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| | city undergoes a real construction boom,
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| park and an artificial volcano, and make
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| | and Stanley receives very decent
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| the best rooms and hotel service in
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| | dividends from his business. But his
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| Vegas. Steve bets on luxury. Despite
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| | ambitions are not limited to construction
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| apprehensions of the partners (the
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| | business, together with his partners he
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| project was very expensive), he managed
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| | wins the tender for the monopolistic
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| to embody his ideas. «The Mirage»
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| | right to open gambling institutions in
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| became and for a long period remained the
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| | Macao. Stanley won the tender with the
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| most prestigious casino of Las Vegas,
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| | sum of only 410 thousand dollars. For
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| bringing huge profits to its owners.
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| | many years Ho's company becomes the
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| After this project Steve's name enters
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| | monopolist of Macao gambling market.
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| the history of the world capital of
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| | Stanley invests all his money and skills
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| gambling. However, Steve does not rest on
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| | in this company. By 1972 he owns 9
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| his laurels. Conversely, he becomes
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| | casinos, including casino-hotel
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| thoroughly engrossed in a new reckless
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| | «Lisboa», one of the most beautiful
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| venture. Developing his conception of a
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| | casinos of the world.
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| "luxurious casino", he totally changes
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| | In the 90-ies Ho extends beyond the
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| the casino-hotel «Bellagio»: an
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| | borders of Macao and opens 9 casinos on
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| artificial lake, an internal greenhouse,
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| | the Philippines, however, as a result of
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| an art gallery with canvases of great
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| | a conflict with the president of this
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| painters, expensive boutiques and
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| | country, he had to renounce his
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| restaurants. Enormous diligence,
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| | Philippine business. Apart from the
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| multiplied by talent, made Steve one of
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| | casino, Ho owns many betting operators
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| the richest people in Vegas, the owner of
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| | and totalizators. In 2003 the budget of
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| casinos. In 2000 he sells «The Mirage»
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| | Macao by 30% consisted of revenues from
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| to the company «MGM Grand», which after
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| | the activities of the companies that
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| this purchase changes its name to «MGM
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| | belonged to Stanley. His business
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| Mirage».
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| | provides work to more than 10 thousand
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| Wynn spends most of his money on building
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| | people. In 1998 Ho becomes one of the
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| a new institution, which opens in April
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| | first living inhabitants of Macao, in
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| 2005 on the site of «Desert Inn». The
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| | whose honour the local street was named.
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| new brainchild of Steve is called «Wynn
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| | But earlier or later everything comes to
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| Las Vegas».
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| | an end. Ho's idyll ends in 2000, when
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| Apart from interests in Vegas, Steve
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| | Macao authorities decide to cancel
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| invests funds into conquering the Asian
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| | monopoly for gambling industry. Since
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| market. In the short-term perspective it
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| | 2002 Ho has to share gambling industry
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| is planned to open the casino «Wynn
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| | with American "sharks" - Wynn and
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| Macau». Steve's activity has brought him
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| | Adelson, who immediately used the chance
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| 2.1 billion dollars, which allowed him to
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| | to become familiar with Asian market.
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| occupy the 365th position in «Forbes»
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| | Presently Stanley Ho's fortune is 6.5
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| world rating.
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| | billion dollars, he has the 84th position
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| Stanley Ho
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| | in the «Forbes» world rating.
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| The wealthiest representative of gambling
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