Have you been waiting for Helen Mirren to run the best little whorehouse in Reno? Have you been waiting for her to do so with a pile of blond hair, married to Joe Pesci, but desperately in love with an Argentine boxer — all in a movie directed by Dame Helen’s husband? Yes? Well, you’re likely to have “Love Ranch,’’ the movie that makes these dreams come true, all to yourself.
Why wonder how this happened? It just has. Mr. Helen Mirren, Taylor Hackford, the director of such so-so entertainments as “Ray,’’ takes his time getting us nowhere in particular. We’re in 1976 Nevada, where prostitution is perfectly legal, and Mirren and Pesci play Grace and Charlie Bontempo. They run the Love Ranch, which appears to be based on the soapy story of the Mustang Ranch, the state’s first licensed brothel. Grace keeps the books. Charlie beds the staff (well, he doesn’t use a bed exactly). He sinks some of their money into Armando Bruza (Sergio Peris-Mencheta), a boxer eager for a rematch against Muhammad Ali. Judging from Bruza’s performance during a terribly staged fight sequence, Ali could simply have phoned in his left hooks from the set of “The Greatest.’’