Unlike Li Fuzhen, Pansy Ho had many children, but none of them were truly capable. The family was mostly incompetent, while Pansy Ho stood out too much. After Stanley Ho's death, during the fierce battle for the division of the family property, it was thought the fourth branch of the family would secure their position, but the eldest daughter had already seized control. That battle lasted a full year, and in the end, this eldest daughter delivered a decisive blow and won.

Alvin Chau and Chan Wing-lin are backed by Angela Leong, as their rise to wealth is inextricably linked to the gambling tycoon's family. As a new generation of gambling tycoons in Macau, Alvin Chau's current success is inseparable from the assistance of Angela Leong, the fourth wife of Stanley Ho.

As is well known, Stanley Ho, the gambling king, had four wives. His fourth wife, Angela Leong, was just a dancer. After successfully rising to power, she was not satisfied with the status quo, so she began to recruit and cultivate her own power. She took a liking to Alvin Chau, who came from a junket business, and extended an olive branch to him, eventually cultivating him into the "King of Casinos".

Besides cultivating her own confidantes, Angela Leong, the fourth wife, spared no effort in becoming Stanley Ho's right-hand woman. Moreover, she also gained the favor of "Eighth Sister" Ho Wan-hung within the family. The Eighth Sister is Stanley Ho's elder sister; with that name, no one in the entire Ho family dared to contradict her.

Since gaining the backing of Ho Wan-hung, Angela Leong has firmly established herself within the family. However, when the gambling tycoon's health deteriorated, the fourth wife proposed a plan to rebuild Grand Lisboa Palace to counter the competition from Sands and Galaxy. Grand Lisboa Palace is a massive resort, including three hotels, a shopping mall, a gaming center, restaurants, and other supporting facilities. Its only drawback is the enormous investment required, exceeding 30 billion.

Once the plan was revealed, it was immediately opposed by Pansy Ho, because at the time, OBO's total market value was only over 50 billion, while the Grand Lisboa Palace project would cost over 30 billion, equivalent to ten years of OBO's profits. However, Stanley Ho still agreed. Knowing the Grand Lisboa Palace was risky, why did the gambling tycoon still develop this project?

In reality, the gambling king was arrogant. He believed there was nothing he couldn't do. The reason he spent huge sums of money building the Grand Lisboa Palace was to reclaim the market share occupied by Sands and Galaxy and change the status quo of SJM Holdings. It had an element of fighting with his back against the wall.

However, during the construction process, Angela Leong, the fourth wife of Stanley Ho, was embroiled in another scandal. As she was in charge of the project, she initially bought a 70,000-square-meter plot of land. But after construction was halfway completed, she claimed that the hotel was too small and bought another 110,000-square-meter plot of land next to it. Later, it was discovered that the 110,000-square-meter plot of land belonged to Angela Leong personally. In other words, she sold her land to her husband, Stanley Ho, and made a huge profit from it. This behavior drew criticism from the company's veterans.

Then the gambling king died, and the great battle began. Pansy Ho also intentionally weakened Angela Leong's power, leaving her isolated and helpless. The first one to be "sacrificed" was the new generation of "Little Gambling King of Macau", namely Alvin Chau.

The downfall of Alvin Chau was undoubtedly orchestrated by his heiress, Angela Leong. Leong and Chau were very close, not only publicly supporting his casinos but also frequently appearing at any Suncity Group event. In their initial clash, Pansy Ho acted ruthlessly, completely manipulating Chau.

At the time, there were even rumors that during the heated "battle for rice" that year, Angela Leong personally persuaded Alvin Chau to treat his wife well and gave Mandy Lieu a breakup fee of 350 million HKD to let her go. This shows that the two were very close, and such a confidante would definitely be the first to be purged.

In fact, right after the gambling king passed away, the second wife's family, represented by Pansy Ho, began to settle scores with Alvin Chau. First, they forbade him from attending the gambling king's funeral. Then, not long after, scandals broke out that Alvin Chau was involved in "money laundering." Pansy Ho took this opportunity to launch an attack, forcing Angela Leong, the fourth wife, and all family members and company members not to have any contact with Alvin Chau.

In addition, Pansy Ho also challenged Angela Leong, demanding that she publicly reveal her true relationship with Alvin Chau. Fortunately, at the critical moment, Angela Leong's backer, Ho Wan-hung, stepped forward and said, "I believe Angela Leong is innocent!" This put a pause on Pansy Ho's attack.

Although Alvin Chau is now in jail, Angela Leong's ambition has been fully exposed, and her desire to obtain a gambling license is now unmistakable. As is well known, there are six gambling licenses in Macau, three of which are held by the gambling tycoon's family, specifically the second wife's family. Now, with the bidding for these licenses in full swing, how could Angela Leong possibly let this opportunity slip by to stage a successful comeback?

A powerful backer has emerged behind Angela Leong, whose assets are three times those of Pansy Ho, potentially helping Leong establish her own business. At Stanley Ho's funeral, many focused on the male tycoons, but overlooked the presence of another prominent figure: Julie Chu, Hong Kong's richest woman and owner of Kingston Securities and Gold Group.

Julie Chu's businesses primarily involve securities and gaming, with some involvement in other sectors such as real estate and hotels. According to official statistics, at her peak, Julie Chu's net worth exceeded HK$100 billion, more than three times that of Pansy Ho. Why then has Julie Chu suddenly reappeared at this time? The significance behind this is quite profound.

Because Chu Lee Yuet-wah and Angela Leong have a very good relationship, and her father, Lee Wai-man, also has an extraordinary relationship with Stanley Ho—Lee Wai-man is a veteran figure in Macau, the owner of the Macau Golden VIP Room, and Stanley Ho's right-hand man—Chu Lee Yuet-wah will definitely support Angela Leong should she take any action in the future. If these two powerful women cooperate, they absolutely have a chance to secure a gambling license!

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