Hong Kong construction titan turned Macau casino boss Lui Che-Woo dies aged 95

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Hong Kong construction titan turned Macau casino boss Lui Che-Woo dies aged 95
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Hong Kong construction titan turned Macau casino boss Lui Che-Woo dies aged 95

HONG KONG - Lui Che Woo, the casino tycoon who helped propel Macau to eclipse rival Las Vegas in gambling revenues, has died at the age of 95, his company said in a statement late on Monday.), died in Hong Kong on Nov. 7, it said, adding that his"vision, tremendous leadership and guidance" were the foundation for the group's development and continued success.

A member of China's national advisory body, the Chinese People's Political Consultative Conference, Lui had close ties to Beijing and was part of a business delegation that met with President Xi Jinping in 2014 in China's capital. In the 1960s, he switched to property investments and added hotels to his portfolio of businesses in the 1980s.

He also offered an annual cash award of HK$20 million to individuals or organisations who"unselfishly promoted world civilisation through sustainable development, contributions to the welfare of mankind and promotion of positive life attitude," according to K.Wah.Lui, who is survived by his wife Chiu Kam Ping and five children, remained heavily involved in the casino industry, even while handing much of the day to day running of Galaxy to his son Francis.

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