This post is one of several on business heirs apparent. Let us know in the comments whether you think Colin Hanks can live up his father's legacy, and be sure to check out the other heir apparent posts.

I wonder if Tom Hanks ever stops to reflect on how lucky his career has been. I mean, I know this has been said before, but I still can't get over the fact that one of the biggest celebrity thespians of our era first came to prominence on a goofy sitcom called Bosom Buddies. If it wasn't for some species of divine intervention, Tom Hanks would have been just another deep footnote of the '80s. Although some might consider Bachelor Party a classic -- I'm not sure who that would be -- Tom Hanks' actual breakthrough role came in Disney's (NYSE: DIS) Splash (here's a bit of trivia for you: Splash was the first film released by Touchstone Pictures). Years later, he would go on to star in some of the most memorable movies of our time -- Philadelphia, Forrest Gump, Apollo 13, and The Green Mile. Yep, we all know Mr. Tom Hanks.

But have you ever heard of his son, Colin? He was the product of Tom's first marriage to a lady named Samantha Lewes (she unfortunately passed away in 2002). Colin Hanks may not be as famous as his dad, but, according to his page at IMDB, he is an actor in his own right, and has done a lot of television work -- he's worked on Numb3rs, The O.C., and he's been on many episodes of the sci-fi show Roswell. And he's not doing too shabby in the movie business. He's appeared in King Kong, two other movies starring the one and only Jack Black, Orange County and Tenacious D in the Pick of Destiny, and the recent internet thriller Untraceable.

Tonight on CNBC's MAD MONEY, Jim Cramer was in the mood to do a little gambling, and explained his positive outlook on Trump Entertainment Resorts, Inc. (NASDAQ:TRMP). Cramer has been behind the casino stock last year when it was $16.85, but now it is $22.05.

It has $4 to $5 upside from here. Next week the company is presenting in Pennsylvania to build a casino in Fairmount Park, in Philadelphia. He thinks the decision will come in December and it has a better than 50/50 chance of being approved. Public sentiment should drive it up, and the news potential just isn't in the stock. He loves the gambling and gaming sector because the house always wins. He likes the remodelled resort and add-on project. The new CEO has brought in technology to get more out of customers. He said this is not a Vegas or Macau play, but it is in Atlantic City and A.C. has been making a big comeback. Cramer said a partnership with WYNN was sort of denied. The new casino being built close to it is actually good rather than bad.

There is also a real estate shortage in A.C., and TRMP owns a lot land around there. Cramer thinks that TRMP is worth $24 for the casino alone, Philly is worth $4 to $5 if it goes through, and the rest of land is worth $4 to $5 so the entire worth of the company is $32 to $34 per share to him. Cramer did say that you have to be very careful and you can only buy on pullbacks because it is thin volume and will run up too much if evryone piles in.

TRMP closed up 0.3% at $22.05 in normal trading, but it went up 4% to $22.95 in after-hours.

[Photo LeLuMus]