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 MACAU (AP) - Stanley Ho once dominated almost everything in Macau, the Chinese casino city that is overtaking the Las Vegas Strip as the world's biggest gambling center.
The lanky 85-year-old billionaire owned all of Macau's casinos, much of the land, its best hotels and even the fleet of high-speed ferries that shuttle high rollers to the former Portuguese enclave on China's southern coast.
But Ho lost his casino monopoly four years ago. Now his 17 casinos must compete with many of the biggest names in the game, like Wynn Resorts Ltd. and Las Vegas Sands Corp. As the brash Americans scrambled to build shiny casinos, Ho grumbled and plotted his new strategy.
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