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...most of the past five years, the Chinese gambling mecca of Macau seemed a sure bet. After the local government ended a decades-old gaming monopoly in 2002, some of the biggest casino and hotel operators in the world rushed in with new projects, eager to tap into the hoards of wealthy Chinese who increasingly flocked to the "Asian Las Vegas." The first American company to enter the market was Las Vegas Sands, which opened the Sands Macau casino in 2004 - and earned back its $285 million investment in only a year. U.S. casino mogul Steve Wynn, who opened...

Author: /time Magazine | Title: Fortunes Fade for Macau's Casino Kings | 5/21/2009 | See Source »

...should show the same dedication to politics. He should make sure he plays a clean game. There are dirty tricks in boxing, but there are a lot more in politics. If he does his homework, I think he can be a very effective politician." - Bayan Muna, Philippines Rep. Teodoro Casino on Pacquiao's 2010 run for Congress (cbnNews.com...

Author: /time Magazine | Title: Boxing Champ Manny Pacquiao | 5/5/2009 | See Source »

...early February, Casino Mogul Steve Wynn took a stand on layoffs. The gaming industry is flailing - Nevada regulators recently formed a task force on bankruptcies - but when it came to cutting costs by cutting employees, Wynn wouldn't hear...

Author: /time Magazine | Title: When Companies Opt for Pay Cuts Instead of Layoffs | 4/27/2009 | See Source »

...aughts have been a boom decade for the revival of seemingly terminal franchises. Batman Begins redeemed the Caped Crusader from the hell of Batman & Robin. Casino Royale restored a vividness to James Bond that I wouldn't have believed possible after Die Another Day. The new Battlestar Galactica was a triumph. Superman Returns ... well, you can't blame them for trying...

Author: /time Magazine | Title: Star Trek: Back to the Final Frontier | 4/23/2009 | See Source »

...executive director of Harvard Law School’s Global Poker Strategic Thinking Society, said he did not find the results of the study surprising. He asserted that poker is less like gambling and more like “risk assessment.” According to Woods, other casino games, such as blackjack, have a built-in advantage towards the house, making it less likely for players to win money. “There is no house in poker, so no one is guaranteed to win,” Woods said. “Poker exercises your ability to make...

Author: By Laura M. Fontanills, CONTRIBUTING WRITER | Title: Smaller Risk of Addiction in Web Gambling | 4/19/2009 | See Source »

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