MACAO — US tycoon Steve Wynn Monday opened a $4bn mega resort in Macau — complete with giant lake, musical fountains and cable cars — as the Chinese casino enclave battles to turn around its fortunes.At a ceremony attended by 1,000 guests, he launched the Wynn Palace: 560,000m² of entertainment with a central casino, more than 50 shops, 13 restaurants and 1,700 hotel rooms starting at under $300.The fanfare included dancing fountains, and a carousel and Ferris wheel made from flowers. Also on display was a rare quartet of Qing dynasty vases, which a company statement said had been installed in the resort "as part of Steve Wynn’s efforts to bring Chinese artwork home"."The only other such quartet is in Buckingham Palace in London," the statement added.Wynn is gambling on Macau even as it faces a downturn following a corruption crackdown by China’s President Xi Jinping and a slowdown in the Chinese economy.The clampdown has driven away many high-rollers from the mainland who propped u...
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