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Vegas doesn't have to give anything away right now. It's so hot, even the people who own the town are spending money here. Last month, 87-year-old multibillionaire Kirk Kerkorian cut a deal to merge his MGM Mirage with Mandalay Resort Group to form the world's largest gaming company--until last week, when Harrah's Entertainment agreed to buy Caesars Entertainment in a $9.25 billion deal (including cash, stock and debt) that would create an even bigger company. Sheldon Adelson, the 70-year-old owner of the Venetian, is contemplating an IPO to score some cash...

Author: /time Magazine | Title: The Strip Is Back! | 7/26/2004 | See Source »

...MIRAGE Kirk Kerkorian...

Author: /time Magazine | Title: Las Vegas Power Players | 7/26/2004 | See Source »

...other casino impresarios have brought sophistication to the new Las Vegas, MGM Mirage majority shareholder Kirk Kerkorian, 87, has supplied the scale. On three separate occasions over the past 35 years, the low-key billionaire investor has built the world's largest hotel on the Strip, most recently the mammoth 5,034-room MGM Grand in 1993. In the past five years, Kerkorian has ushered in a wave of consolidation, snapping up Steve Wynn's Mirage Resorts in 2000 and just last month agreeing to buy Mandalay Resort Group for $7.9 billion, including debt. A World War II pilot...

Author: /time Magazine | Title: Las Vegas Power Players | 7/26/2004 | See Source »

...more on rooms, food, drinks and shows - what they used to give away to get you to gamble. Vegas doesn't have to give anything away right now. It's so hot, even the people who own the town are spending money here. Last month, 87-year-old multibillionaire Kirk Kerkorian cut a deal to merge his MGM Mirage with Mandalay Resort Group to form the world's largest gaming company - until two weeks ago, when Harrah's Entertainment agreed to buy Caesars Entertainment in a $9.25 billion deal (including cash, stock and debt) that would create an even bigger...

Author: /time Magazine | Title: Lovin' Las Vegas | 7/25/2004 | See Source »

...Metallica's group-therapy sessions. "It's very emotional," says Berlinger. "You watch this family tear themselves apart and put themselves back together. There were definitely times when I wondered: Why the hell are they letting us film this?" When shooting commenced in 2001, Metallica - drummer Lars Ulrich, guitarist Kirk Hammett and singer James Hetfield - were starting a new album, dealing with the resignation of bassist Jason Newsted, and entering therapy with performance-enhancement coach Phil Towle. With their record label, Elektra, the band hired Berlinger and co-director Bruce Sinofsky (Brother's Keeper, Paradise Lost) to document the process...

Author: /time Magazine | Title: Some Kind Of Movie | 7/25/2004 | See Source »

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