Casino billionaire Ho said to be 'recovering nicely'

HONG KONG: Macao casino billionaire Stanley Ho, who has been hospitalized for the past four months, is "recovering nicely" and may be discharged soon, his son Lawrence said in a Bloomberg Television interview.

"Hopefully, some time soon he can come out of the hospital," Lawrence Ho, 32, said. "It's been a few months since his accident. He had two pretty big surgical operations." The son didn't specify what the surgery was for.

Ho, 88, controls SJM Holdings Ltd, the casino operator with the biggest market share in Macao. He has never announced a successor and neither SJM nor Shun Tak Holdings Ltd, the ferry operator and property developer he chairs, has made a statement to the Hong Kong stock exchange on his condition.