As pressure grows on Macau to locate new options for revenue, scion of casino dynasty imagines another future to the other SAR
Sabrina Ho Chiu-yeng is performing what she could to help Macau diversify. The 26-year-old daughter of Stanley Ho Hung-sun could be better known for gracing society and entertainment pages, however in January she organised the first Macau sales by China’s state-owned Poly Auction and also in November held her own annual hotel art fair, having already launched an exhibition to market the task of young art graduates in September.


“Macau is changing,” she tells The Collector. “We don’t want to rely just on the gaming industry. We want more families into the future for holidays, we would like to boost our cultural and artistic industries.”
This can be a politically correct view to the daughter of a casino magnate. Macau is in the cross hairs of Beijing’s war on corruption and capital outflow. The central government started urging the city to relinquish its being hooked on the gaming sector, the required taxes where pay for most public expenditures, back throughout the boom years, once the “build it and they’ll come” mentality ruled the casino industry. Today, mainland policies to discourage high rollers along with a slowing economy have increased pressure to succeed to locate new revenues.
Fundamental change continues to be slow into the future. Five casinos have opened since 2012 plus much more are saved to the way, including two from branches with the Ho empire – the Grand Lisboa Palace, led by Ho’s mother, Angela Leong On-kei (Stanley’s so-called “fourth wife”), and MGM Cotai, headed by Sabrina ho‘s half-sister Pansy Ho Chiu-king.

So might be Sabrina’s cultural endeavours all just a little of soft publicity to the clan?
Well, China’s biggest ah is treat­ing her seriously, and hopes her youthful energy and family connections may help it break into a brand new and wealthy market where no international house features a presence. In turn, Ho says, sherrrd like the auctions to help attract tourists and maybe encourage the city’s 600,000 residents to develop really a desire for culture. Their bond, called Poly Auction Macau, is 51 per cent owned by Poly and the rest by Ho’s company, Chiu Yeng Culture.
Ho was raised encompassed by art along with other collectables owned by her parents but she actually is a novice on the auctions business. After graduating by having an arts degree from your University of Hong Kong, in 2013, she worked on the branding and marketing side with the family’s hotel and property businesses. “But I favor art and i also asked Poly basically perform part time inside their Hong Kong office, to find out about the auction world,” she says.
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