American billionaire Stephen Wynn will open this week a luxurious $1 billion hotel and casino in Macao. Wynn is betting that his casino, a smaller reproduction of the one he owns in Las Vegas, will attract Chinese punters.

However, the critics of the new casino say it lacks the necessary attractions to become a success in the former Portuguese colony that could soon exceed Las Vegas as the gambling capital of the world.

The Wynn complex, which promises “unparalleled luxury”, will include six restaurants, a shopping area, Las Vegas-style shows, a spa, a pool and a health club. The casino will have 200 gaming tables and 380 slot machines.

Wynn Resorts joins Las Vegas Sands as the two only Las Vegas companies that have been allowed into Macao. The successful Sands Macao was inaugurated in 2004.