Forbes.com: Update 1: Stanley Ho to Open New Casino in Macau

Forbes.com: Update 1: Stanley Ho to Open New Casino in Macau: "Update 1: Stanley Ho to Open New Casino in Macau 11.24.2004, 09:07 AM Gaming tycoon Stanley Ho will open a new casino in Macau in an attempt to fend off competition from Las Vegas rivals after losing a four-decade monopoly in the gambling enclave. The first phase of the Greek Mythology Casino at the New Century Hotel will open to gamblers on Dec. 23, the hotel's deputy general manager, Michael Chan, said Wednesday. The hotel is a subsidiary of Ho's Macau Gaming Co. The first phase of the casino has 228 gaming tables with a gambling space of 160,000 square feet (14,864 square meters), he said. The second phase will double the number of tables and space, and is scheduled to open by next February, Chan said by telephone. "