Casino Magnate Ends Family Row Over Gambling Empire

Law360, New York (March 10, 2011, 7:34 PM EST) -- Gaming tycoon Stanley Ho reportedly said Thursday that he had dropped a suit filed in Hong Kong against two of his daughters that sought to reclaim his $1.5 billion stake in Lanceford Co. Ltd..

Ho and his family announced in a joint statement that the dispute had been “fully resolved” and that they had struck an agreement, according to the Associated Press.

Ho on Feb. 16 filed a writ in the High Court of Hong Kong, launching a new legal effort to recover assets he claimed...
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