The Boston Celtics announced on their official website Wednesday that they have appointed Mario Ho, son of the late Macau gambling tycoon Stanley Ho, as a co-shareholder.

According to the Boston Celtics's official statement from the , Mario will join the team's board of directors as a co-shareholder of the new owner, the Chisholm Group.

He will also become one of the managing directors of the 18-time NBA champions.

After the announcement of his appointment, an excited Mario wrote on his official Instagram account, "I am honored to announce that I have become a co-owner and board member of the Boston Celtics!"

"Thank you, Bill (Chisholm), for allowing me to join this consortium and sign this record-breaking contract. As a lifelong Celtics fan, I will continue to give my all to the team; the buck stops now! Tears well up in my eyes as I write these words; this is undoubtedly one of the happiest moments of my life."

"Friends, you know who to call for court-side tickets, right? Go Celtics!"

In fact, Mario has indeed inherited the business acumen of his late father, Stanley Ho.

Always adept at business, he is the Chairman and Co-CEO of NIP Group and a member of the 13th Hubei Provincial Committee of the Chinese People's Political Consultative Conference.

Mario has also always been passionate about sports. In addition to being a shareholder of the Boston Celtics, he is also the owner of the Swedish esports team Ninjas in Pyjamas (NiP) and the president of the Macau Esports Association.