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...Asia does have a gambling problem - and because the industry is expanding rapidly throughout the region, mental-health workers and researchers fear pathological gambling could reach epidemic proportions in coming years. Macau's success has inspired other Asian cities and countries to allow new casinos. In Vietnam, a $4 billion luxury gaming resort will open near Ho Chi Minh City in 2009. Ground has already been broken for a pair of casino complexes in Singapore. The Philippine government is planning to open a 100-acre (405,000-square-meter) gaming complex that will employ 40,000 Filipinos in Manila...

Author: /time Magazine | Title: High Stakes | 11/1/2007 | See Source »

This reshaped online landscape leaves me feeling old and out of the loop. It seems that social-networking sites have not only usurped porn in popularity, but they've also gobbled up time Gen Y-ers used to spend on traditional e-mail and IM. When you can reach all of your friends through Facebook or MySpace, there's little reason to spend time in your old-school inbox. So, if social networking is becoming e-mail 2.0, then perhaps Microsoft's recent $240 million dollar payout for such a small stake in Facebook isn't that ridiculous...

Author: /time Magazine | Title: Facebook: More Popular Than Porn | 10/31/2007 | See Source »

...Iraqi government has been working since the Sept. 16 shootings to close the loopholes in the law. At issue is Order 17, a law signed by L. Paul Bremer in 2004, that places contractors effectively beyond the reach of Iraqi courts. A draft law which would reverse that order was handed to the Iraqi parliament for consideration on Tuesday, said Iraqi spokesman Ali Al-Dabbagh...

Author: /time Magazine | Title: House Probes Blackwater Immunity | 10/30/2007 | See Source »

...history with Rodriguez. In 2003, the team agreed to trade Manny Ramirez for the then-reigning AL MVP. However, the player's union rejected the pay cut Rodriguez had agreed to take. The deal died. This time around, would the Sox meet A-Rod's demands, which might reach upwards of $30 million a year? When I asked Lucchino if the Red Sox would pursue the superstar, he responded: "I'm not going to approach that tonight...

Author: /time Magazine | Title: Have the Sox Become the Yanks? | 10/29/2007 | See Source »

...Murphy fashion, his focus after Saturday’s game wasn’t the looming showdown of 6-0’s at Yale in a few weeks or the growing parity of Ivy League football. “We know that the only way we can reach our goal is to just take it one day at a time,” he said. “When we go to Sunday practice, we just talk about, ‘Hey, let’s just get a good night’s sleep tonight. We can?...

Author: By Malcom A. Glenn, CRIMSON STAFF WRITER | Title: THE MALCOM X-FACTOR: Harvard, Yale Only Contenders for Ivy Crown | 10/28/2007 | See Source »

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