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Sociedade de Turismo e Diversões de Macau
Public hospitality company in Macau
Sociedade de Turismo e Diversões de Macau
The Sociedade de Turismo e Diversões de Macau, SA (STDM; Chinese: 澳門旅遊娛樂股份有限公司) is a company in Macau owned by the family of Stanley Ho. Historically, it held a monopoly to Macau's gambling industry as the only licensee for casinos. In 2002, the government of Macau began issuing more licenses and the monopoly was broken. Still, of the 41 operating casinos in Macau, 22 are owned by STDM, as of 2019.
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