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...little too greedy" by rushing the opening and by targeting mass-market customers. Crown's managers believed all they'd have to do was set up shop to see a rush of gamblers. But with a growing number of casinos in Macau, success was no longer so automatic. "In an all-out competitive environment, it's really a game of inches," Ho says. "Management didn't adapt for the local market." Unlike in Vegas, where casinos are filled by average Joes pumping coins into slot machines, high rollers account for some 70% of the gaming revenues in Macau. Realizing...

Author: /time Magazine | Title: Chip off the Old Block | 9/4/2008 | See Source »

...Mindanao continues to spiral towards all-out war, Acharya says, terrorist attacks by more splinter factions are likely to increase, since the rogue MILF commanders directing the violence are also those closest linked to foreign jihadis and Abu Sayyaf, an al-Qaeda-financed terrorist group that has carried out dozens of kidnappings and large-scale terrorist attacks, including the 2004 bombing of a Manila ferry that killed 116. Worsening chaos in Mindanao could embolden the most violent and radical elements in this protean coalition to export their jihad beyond the troubled island. "I will not be surprised by that...

Author: /time Magazine | Title: Philippines Bomb Blast Hits South | 9/2/2008 | See Source »

Since the 1960s, more than 120,000 people have been killed in the southern Philippines as Islamic separatists have battled government troops for control of parts of Mindanao. But this week's bloody events have pushed the region closer than ever to all-out war. On Aug. 20, the Philippine government ordered police commandos into the area with orders to kill insurgents. The government has also reportedly sent a shipment of weapons to local militias. General Alexander Yano, head of the country's armed forces, called the insurgent attacks a "virtual declaration of war," while President Gloria Macapagal Arroyo ordered...

Author: /time Magazine | Title: Philippines' Uneasy Peace Broken | 8/21/2008 | See Source »

...other movie that really changed my life was Harold and Maude. I picked that one up because it had a funny video box. It looked wacky. I remember that watching it and at first being disappointed that it wasn't an all-out comedy, and then realizing, "No, wait, this might be the greatest movie I've ever seen." And before I knew it I was just totally overwhelmed at this venue, Blockbuster. Then it turned into what we know now, which is not an exciting place...

Author: /time Magazine | Title: Pineapple Express Director David Gordon Green | 8/7/2008 | See Source »

Musharraf has said in the past that he would rather resign than face the prospect of impeachment. Resignation is an option the coalition would also prefer over an all-out confrontation. The impeachment timetable allows Musharraf space to quietly step aside Proceedings are unlikely to begin until late August, and even before then pressure will be applied. The legislatures of the four provinces will ask the president to seek a "vote of confidence," and given his supporters' dramatic defeat in February, Musharraf is unlikely to survive that event...

Author: /time Magazine | Title: Musharraf in the Crosshairs | 8/7/2008 | See Source »

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