UPDATE 1-China's Xi preaches diversification in gambling hub Macau
December 20, 2014 at 03:01 AM EST
MACAU, Dec 20 (Reuters) - Chinese President Xi Jinping on Saturday urged the world's biggest gambling hub, Macau, to accelerate diversification away from its bread-and-butter casino industry, which has lost about $60 billion in market value over the last six months.