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...opulent standards of the gaming world, analysts say these are giant sums. "The Singapore casinos are by far the most expensive ones in the region," says Gabriel Chan, head of Asian gaming research for Credit Suisse, who points out that an average casino in Macau costs roughly half as much. The Venetian in Las Vegas, completed by Adelson more than a decade ago, cost roughly $1.5 billion - less than a third of his current Singapore project...

Author: /time Magazine | Title: With Casinos Set to Open, Singapore Rolls The Dice | 2/13/2010 | See Source »

...will likely force casino operators to depend more on foreign "high-rollers" to turn a profit. That strategy has its risks, analysts say. Noel-Johnson, for instance, points out that 72% of visitors to Genting's resort in the Malaysian highlands are local "day-trippers," and more than half the visitors to Macau's casinos are gamblers from Hong Kong and Guangdong province who bet with limited cash. "If you look at the successful gaming markets in Asia, they have a dependable local mass market," he says. "If you are inhibiting Singaporeans from visiting the casinos, you are handicapping yourself...

Author: /time Magazine | Title: With Casinos Set to Open, Singapore Rolls The Dice | 2/13/2010 | See Source »

...with a novel idea: the competition would be called at 48 hours' notice and only when the waves topped 20 ft. Once a storm with swells that size was predicted, Clark alerted the 24 best big-wave riders from around the world, and they scrambled to reach Half Moon Bay, better known for its fog and eerie fields of pumpkins. Advertisers figured out swiftly that nothing sells better to the youth market than the heroic (and rebellious) image of a lone surfer eluding an awful pounding by nature at her nastiest. This year's contest is sponsored by, among others...

Author: /time Magazine | Title: The Surfing Super Bowl: Facing the Mavericks | 2/12/2010 | See Source »

...launching new laws and correcting policies, and they are an integral part of our culture," says Andreas Auer, director of the Centre for Research on Direct Democracy in the town of Aarau. "The federal government has learned to adapt to and live with this system. And while more than half of popular votes are favorable to its views, there remains a margin of uncertainty that is healthy to a truly democratic government." (See TIME's photo-essay "Strays to the Rescue...

Author: /time Magazine | Title: Lawyers for Animals? Up for a Vote in Switzerland | 2/12/2010 | See Source »

...most recent survey conducted by the polling firm Obea-Infraforce in late January, a mere 33% of people considered the debates to be constructive and 61% said the process had in no way defined what being French means. More than half of respondents also felt the entire idea was motivated by concerns by Sarkozy's Union for a Popular Movement party that it could suffer big losses in the March elections...

Author: /time Magazine | Title: Why France's National Identity Debate Backfired | 2/12/2010 | See Source »

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