Macau casino tycoon Stanley Ho Hung-sun, known as the “King of Gambling”, is being sued by his nephew for HK$2bil (US$255mil) in unpaid shares dividends, according to a legal document and people familiar with the situation.
Michael Hotung, also known as Mak Shun Ming, filed a writ on Tuesday at the Hong Kong High Court against his uncle, his auntie Nanette Ho Yuen-hung and casino operator Sociedade de Turismo e Diversoes de Macau (STDM) in Macau.
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