MACAU (AP) - A Las Vegas tycoon raised the stakes in Macau's gambling industry Tuesday with a new casino that brought competition to the tiny enclave's top business for the first time in more than 40 years.
The operator of the Venetian on the Las Vegas Strip, Sheldon Adelson, hopes Nevada's glitter and glitz paired with a distinctive Chinese flavor will attract the mainly Chinese gamblers who drop billions of dollars each year at casinos run by Hong Kong's Stanley Ho.
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