Shares of his Las Vegas Sands casino company have fallen more than 95% in a year as gamblers stay home in Nevada and Macau.

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Sands is the first casino to be opened by a foreigner, after a decision by the Macau government two years ago to end Mr Ho's 42-year-old gambling monopoly and to auction three new gaming licences.

ECONOMIST: Las Vegas comes to Macau

Las Vegas Sands built its Venetian Macao casino-resort in Cotai and Wynn Resorts has received approval to break ground there, too.

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