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...monopoly on Macau's casinos for four decades until the government issued new licenses in 2002. Lawrence and sister Pansy both started working in the family business but struck out on their own after the market opened up - in competition with their father. Pansy teamed with Vegas firm MGM Mirage to develop casino-hotels in Macau, opening the MGM Grand Macau in 2007. Stanley and Lawrence founded Melco Crown as part of a joint venture with Australia's Publishing and Broadcasting Ltd., founded by the late billionaire Kerry Packer. (Kerry's son James is now co-chairman of Melco Crown...

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

...movie financed, so would-be satires cop out by the final reel and become the thing they started to mock. Tropic Thunder devolves from a Hollywood diatribe, in which all the participants are greedy or loony, into Rambo VII or a peppier Platoon. And Hamlet 2 turns into an MGM musical with Mickey Rooney and Judy Garland, where the kids put on the big show in a barn - here, a warehouse. Instead of scorched-earth satire, this is parody plain and simple, especially simple. It has no greater intent than to tease and cuddle...

Author: /time Magazine | Title: Hamlet 2: The First One Was Better | 8/21/2008 | See Source »

...crime and, more importantly, he introduced competition to the gaming market by issuing new casino licenses in 2002. Today there are six gaming operators. Eager to tap the burgeoning wealth of a rising China, some of the biggest names in gambling, including Las Vegas Sands, Wynn Resorts and MGM Mirage, came charging into Macau, and the economy roared. Ho was fêted as a miracle worker...

Author: /time Magazine | Title: Split Personality | 7/31/2008 | See Source »

...Stormy Weather. John Barrymore kissed her hand. Orson Welles tried, unsuccessfully, to go further. Lena and Gail settled down across the street from the Humphrey Bogarts, and Gail went to school with Natalie Wood. If Lena's durable career seems to have been plucked from the book of an MGM musical of the '40s, Gail's life edges closer to something between The Cosby Show and Dynasty. After Radcliffe, she reports, she did everything an Ivy Leaguer should: worked as a volunteer for Jack Kennedy, made TV commercials, served a stint on LIFE magazine. ''The black bourgeoisie,'' she writes, ''took...

Author: /time Magazine | Title: DANCING PARTNERS OF CHIC THE HORNES: AN AMERICAN FAMILY by Gail Lumet Buckley; Knopf; 262 pages; $18.95 | 7/21/2008 | See Source »

...International conspiracies. Nazis in the first and third Indys, Indian Thugees in the second. But it wouldn't be the '50s without Commies, in the chic person of Irina Spalko (played by Blanchett with the severe demeanor of Cyd Charisse's Ninotchka in the 1957 MGM musical Silk Stockings and the black bob Charisse sports in The Band Wagon). Rather than the simple matter of conquering the West militarily, Irina is part of a Soviet plot to cloud our minds by getting access to some secret technology that is concealed either in an Area 51 warehouse or in the remotest...

Author: /time Magazine | Title: Indiana Jones: Smart, Sleek, Familiar | 5/18/2008 | See Source »

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