Yip Hon
Male, Deceased Person
1904 – 1997
Who was Yip Hon?
Yip Hon was a gambling tycoon in South China. His wealth was estimated to be HK$ 100 million. In his childhood, he stayed in Kong Mun of Kwangtung, and usually participated in gambling with his pocket money. He was nicknamed Kwai Wong
In his adulthood, he was in Macau, working for a casino of gambling tycoon Fu Lo Yung. He helped to crack down Teng Sik Tong, a gang of gamblers, who won by listening dice. After the crackdown, he became famous, and went to Shanghai. He gained a great sum of wealth in the casinos there, by his technique in listening dice, and then opened his own casino.
He closed his business in Shanghai, and returned to Macau when the Second Sino-Japanese War broke out. He soon got a casino license in Macau, and cooperated with Stanley Ho, Teddy Yip and Henry Fok to form Casino Lisboa. He later left the company, after arguments over shares and the business. He then started a chariot racing business, which was unsuccessful. In 1988, he pioneered a gambling business in international waters, by purchasing a cargo converted cruise ship named Princess of the Orient, and later selling it off for the 港龍星 which was bigger and solely a cruise ship to begin with. He gained initial success, but was unable to deal with a large number of competitors later. He subsequently sold his business to Heung's Brothers.
We need you!
Help us build the largest biographies collection on the web!
Citation
Use the citation below to add to a bibliography:
Style:MLAChicagoAPA
"Yip Hon." Biographies.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.biographies.net/people/en/yip_hon>.
Discuss this Yip Hon biography with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In