As pressure grows on Macau to find new options for revenue, scion of casino dynasty imagines another future for the other SAR
Sabrina Ho Chiu-yeng is doing what she will to assist Macau diversify. The 26-year-old daughter of Stanley Ho Hung-sun may be better known for gracing society and entertainment pages, in January she organised the 1st Macau sales by China’s state-owned Poly Auction and then in November held her own annual hotel art fair, having already launched an exhibit to market the job of young art graduates in September.


“Macau is beginning to change,” she tells The Collector. “We don’t desire to rely just around the gaming industry. We want more families ahead to put holidays, we want to boost our cultural and artistic industries.”
This is a politically correct view for the daughter of your casino magnate. Macau influences cross hairs of Beijing’s fight against corruption and capital outflow. The central government started urging town to relinquish its obsession with the gaming sector, the required taxes from where pay for most public expenditures, back throughout the boom years, when the “build it and they will come” mentality ruled the casino industry. Today, mainland policies to discourage high rollers joined with a slowing economy have risen pressure to succeed to find new revenues.
Fundamental change may be slow ahead. Five casinos have opened since 2012 and much more are saved to the best 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 Stanley ho daughter‘s half-sister Pansy Ho Chiu-king.

So are Sabrina’s cultural endeavours all slightly of soft publicity for the clan?
Well, China’s biggest ah is treat­ing her seriously, and hopes her youthful energy and family connections may help it enter a fresh and wealthy market where no international house carries a presence. In return, Ho says, she would like the auctions to assist attract tourists as well as perhaps let the city’s 600,000 residents to build up much more of an interest in culture. Their bond, called Poly Auction Macau, is 51 percent properties of Poly as well as the rest by Ho’s company, Chiu Yeng Culture.
Ho spent my youth encompassed by art along with other collectables properties of her parents but she is new to angling 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 love art and that i asked Poly if I will work part time within their Hong Kong office, to understand the auction world,” she says.
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