The Sociedade de Turismo e Diversões de Macau, SA (Chinese: 澳門旅遊娛樂股份有限公司; abbreviated as STDM; English is The Society of Travelling and Entertainment of Macau Limited) is a company in Macau owned by Stanley Ho and his family. Historically it held a monopoly to Macau’s gambling industry as the only licensee for casinos. In 2002, the Macau government began issuing more licenses and the monopoly was broken. Still, of the 30 casinos in operation in Macau, 14 are owned by Stanley Ho.
