Word: vegasized
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Kerzner earned his rep as a world-class risk taker by building Sun City, a Las Vegas-style gambling and entertainment complex in a black "homeland" at the height of the apartheid era in South Africa. Critics argued that he was profiting from a much-criticized feature of the apartheid...
Back in July, nearly 7,000 players gathered in Las Vegas for the 2008 World Series of Poker's championship event - a $10,000 buy-in elimination tournament known as the most lucrative and prestigious event in professional poker. Last week, after a 117-day recess, 22-year-old Danish...
Good Glug. Beaujolais Nouveau arrives in stores and restaurants on Nov. 20. Vintner George DuBoeuf, who produces some 30 million bottles of the stuff a year, predicts a full-bodied vintage for 2008, since the September growing season was dry; the wine, which goes straight from the vine to your...
But in the wake of the faltering global economy, Macau is not such a sure bet anymore. The problem is that some of those giants embarked on overzealous building sprees - since 2004, the number of casinos in Macau has more than doubled to 31 - and now the global credit crisis...
In the long run however, all this may be good news, says Desmond Lam, a senior research fellow at the University of South Australia who specializes in casino marketing and Chinese gaming. He says the current stumbling blocks may force Macau to address some of the economic and social problems...