Macau casinos harness stars’ marketing punch

September 2, 2014

Arnold Schwarzenegger and Sylvester Stallone headlined a gala screening of The Expendables 3, featuring a vast ensemble of action heroes, at Venetian Macao. Playing the entertainment card, including live shows, sporting events, location shooting in resorts and red carpet extravaganzas, helps Macau casinos market in places they can’t mention gambling, including mainland China.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Japan casino gold mine may not pan out

August 28, 2014

Prime Minister Shinzo Abe’s government is forming a task force to rekindle enthusiasm for its integrated resort initiative. However, casinos in Japan may prove less lucrative than international gaming companies seem to believe.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Junket, hotel investor tries Ho Tram, Vietnam

August 21, 2014

Junket and budget hotel chain co-founder Chien Lee has bet on Vietnam’s Ho Tram Strip. So far, developers of the 400 acre seaside site have built only one of five planned resorts, The Grand – Ho Tram Strip, a drop dead gorgeous 541 room casino hotel designed by Paul Steelman.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Australia bets on casinos to draw Asian tourists

August 14, 2014

Queensland wants to license three new multibillion dollar casino resorts to attract Chinese tourists and revive its economy hit hard by declining mining export earnings. Not everyone is convinced integrated resorts in Australia’s sunshine state will be a smart play.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Macau casino revenue takes another dip

August 5, 2014

For a second straight month, Macau’s casino fell compared to the previous year. Analysts see more declines ahead for the world’s largest gaming destination. Get the full story on Muhammad Cohen’s blog at Forbes.com.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Macau VIP phone betting relies on honor system

July 29, 2014

Can’t get to the casino? Macau VIP players can bet by phone, as long they’re willing to roll US$385,000 and not see the cards.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Saipan casino legalization shows how not to do it

July 20, 2014

US Pacific possession Saipan has legalized casinos in a process that’s been flawed from the outset. A US judge and Washington lobbying firm Park Strategies, founded by Alfonse D’Amato, along with a Macau junket promoter, are watching closely.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Caesars finally gets its piece of Asia in Korea

July 14, 2014

After more than a decade of disappointment, Caesars Entertainment has gotten an Asian foothold in South Korea. But the Incheon resort is unlikely to be a game changer for the heavily indebted, loss making casino giant.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Macau casino shares rally after June revenue falls

July 2, 2014

The 3.7 percent fall in Macau’s June casino revenue seems to have investors believing the world’s casino capital has hit bottom as share prices rally. That sentiment may prove wrong.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Russia tries to join the Asian gaming boom

June 25, 2014

On Russia’s far east coast, Vladivostok has lined up two Asia gaming operators to build casinos there. The region hopes to cash in on being closer to northern China than Macau.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.


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