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...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 the $1.2 billion Wynn Macau in 2006, once called the city "the most exciting growth story of the decade...

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

...Modern Wing from Millennium Park by way of a slender pedestrian bridge that rises to deposit visitors onto a rooftop sculpture terrace that's free of charge. But to be admitted to the galleries, which on most days have an admission fee, you enter at ground level. What you find there is a three-story, glass-roofed atrium, a long processional space that's flanked on the left by a freestanding stairway that zigzags up to galleries on the second and third floors. On the right, temporary exhibition galleries occupy the first floor, with design and architecture above them...

Author: /time Magazine | Title: Chicago's Art Institute Expands, with Elegance | 5/18/2009 | See Source »

...talent show in 1995--in the age of arrogance and affluence--she was scorned. So she sang karaoke at the pub and cared for her ailing mother until the day she died. "Mum was my life," Boyle said. "She was the one who said I should enter Britain's Got Talent. We used to watch it together. She thought I would win." Boyle arrived center stage, with her awkward dignity and eyebrows like live mice, and even then fame mocked her with the nickname the Hairy Angel...

Author: /time Magazine | Title: Do-It-Yourself Heroes | 5/18/2009 | See Source »

...away, Eliot students of all classes, from rising sophomores through soon-to-be-graduating seniors, began posting their formal tickets for sale, along with desired prices. While the occasional solicitor lamented his or her inability to make the end-of-year ball, munificently allowing some layman the chance to enter the white tent in his or her place, more and more of the e-mails appeared to be planned and timed in advance. Deadlines of when last offers could be made on tickets, starting bidding levels preset for the buying audience, and offers to sell made less than 24 hours...

Author: By Marcel E. Moran | Title: House Life (Or Best Offer) | 5/17/2009 | See Source »

...teams might do well to consider their involvement too. While British racing team Lola announced on Friday plans to submit its own new entry for 2010, the sport's unpredictability could turn off others. "It's a very dangerous time to enter," says a former adviser to Formula One teams. "They enter on the understanding the budgets will be as low as they're now being predicted, or that the rules will be as stable as they're now being described. But we've seen it before - things can change very, very quickly...

Author: /time Magazine | Title: Can Formula One Run Without Ferrari? | 5/15/2009 | See Source »

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