Wynn gambles on new mega-resort in Macau

US tycoon Steve Wynn Monday opened a $4 billion 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: six million square feet (560,000 square metres) of entertainment with a central casino, more than 50 shops, 13 restaurants and 1,700 hotel rooms starting at under $300. Wynn is gambling on Macau even as it faces a downturn followi