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NASDAQ gaming leader Mario Ho acquires Beijing Huanju, eyes tourism transformation

Published date: 2025-06-25

Mario Ho, a prominent NASDAQ-listed entrepreneur and the youngest son of Macau gaming magnate Stanley Ho, has officially become the majority shareholder of Beijing Huanju, marking a strategic redirection from traditional gaming operations toward tourism and cultural entertainment.

Best known for leading NIP Group, the first Chinese esports company to be listed on NASDAQ, Ho brings a forward-looking approach rooted in digital innovation and youth markets. His acquisition of Beijing Huanju reflects a broader trend among Chinese gaming-linked entrepreneurs seeking diversified, policy-aligned investment avenues, especially in the post-COVID landscape.

According to sources close to the matter, Ho’s vision involves reimagining Huanju’s core business, shifting away from gaming content and into areas such as tourism operations, events, and cultural experiences. The move aligns with China's broader regulatory environment, which favors tourism development over traditional gambling ventures.

Mario Ho has already shown interest in esports-integrated hospitality, having previously launched an esports hotel initiative that blends gaming, lifestyle, and accommodation under one brand. This acquisition suggests potential synergies between Huanju’s entertainment assets and Ho’s existing ecosystem in esports and digital media.

Industry analysts view this move as a sign of generational transformation in the Chinese entertainment economy. Rather than leaning on legacy casino revenue, younger investors like Ho are betting on tourism, digital engagement, and culturally rich experiences to define the next chapter of leisure in the region. With this acquisition, Mario Ho positions Beijing Huanju as a new platform for cross-sector innovation, and reinforces his growing influence as a business figure extending beyond the shadows of Macau’s gaming legacy.


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