Stanley Ho, one of the world’s richest people and the so-called king of gambling, has seen his casino interests come under threat from his own sister, it has been reported.

Winnie Ho has offered to buy out her brother’s controlling stake in the Sociedade de Turismo e Diversoes de Macau (STDM), claiming that she is owed $491 million for her eight per cent stake over the past five years.

Ms Ho has filed over 30 lawsuits against her brother in an attempt to recoup her perceived loss in earnings and reputation.

Mr Ho at one time held a 70 per cent share in Macau’s gambling market, but foreign investments from the likes of Las Vegas Sands and Wynn Resorts ended Mr Ho’s monopoly in 2002.

“We don’t need all these lawyers if he plays by the rules and the law and pays me back the money he owes me. But that’s just Stanley, always thinking he can just walk over anybody,” said Ms Ho in a televised interview earlier this week.

Representatives for the casino mogul have said that the company rejects all of Ms Ho’s allegations.

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