The Sociedade de Turismo e Diversões de Macau, SA; abbreviated as STDM, (Chinese: 澳門旅遊娛樂股份有限公司) (English: "Tourism and Entertainment Company of Macau Limited") is a company in Macau owned by Stanley Ho and his family. Historically, it has 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 30 operating casinos in Macau, 14 are owned by Stanley Ho.