Stanley Ho Buys the Horse

Earlier this month Ling wrote here about an upcoming auction of a statue of a horse’s head looted from the Summer Palace. Now gambling tycoon Stanley Ho has purchased the head for $8.84 million and donated it to China. Our story is here. Also, Geoffrey Fowler has an interesting piece over at the Wall Street Journal on gaming moguls and philanthropy in Macau. Next time you lose at the tables, isn’t it nice to think it’s all for a good cause?