Macau leads Asia gaming machine boom

July 14, 2015

Macau authorities limit the growth of casino tables, so electronic gaming machine use is expanding rapidly, according to Union Gaming Research Macau, and may even be more profitable than the equivalent number of traditional tables.

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.

Casinos look outside the box to attract millennials

July 12, 2015

As their customers age in the US and beyond, casinos need new thinking to attract millennials. They can take the success of an uber-hip San Francisco miniature golf course as an example of how Generation Y likes to roll.

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.

Bank sees ‘green shoots’ of Macau recovery

July 1, 2015

Although Macau’s gaming revenue almost certainly fell for a 13th consecutive month in June, Credit Suisse sees “green shoots” of recovery in recent trends.

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 government undermines Beijing on gaming rules: expert

June 22, 2015

Contrary to conventional wisdom, regulatory expert Gaming Compliance believes Macau authorities sometimes dilute Beijing’s gaming rules to help local economic mainstays.

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.

Cities, developers often squander casinos’ urban clout

June 22, 2015

Global Market Advisors partner Andrew Klebanow says better design and regulation can help casinos stimulate urban development in a recent white paper. Macau has prime examples of urban casinos done right and less right.

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.

Cambodia casinos in spotlight after $360 mln deal

June 14, 2015

Australian listed Donaco International’s purchase of Poipet’s Star Vegas for $360 million puts the spotlight on Cambodia’s border casino areas that usually operate in the shadows.

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.

Galaxy, rival casinos expand as Macau contracts

June 5, 2015

In the midst of a yearlong revenue, Galaxy Macau unveiled a $3 billion expansion to its Cotai resort last week. It’s the first of the $20 billion wave of new resorts aiming to refocus Macau on the mass market and non-gaming attractions.

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.

NagaWorld puts Cambodia on Asia casino map

May 25, 2015

In booming Phnom Penh, NagaWorld is expanding Indochina’s biggest casino resort to make it an even more formidable regional competitor. Parent company NagaCorp’s ambitions also include two Airbus A320s for bring guests from China to Cambodia and a new resort in Russia.

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.

Philippine gaming wins respect under Pagcor chief Naguiat

May 16, 2015

Reformist President Benigno Aquino III handpicked Cristino Naguiat to lead Pagcor, the Philippines gaming regulator that also operates its own casinos, in an era of unprecedented expansion. Under Naguiat, Philippine gaming has achieved international respect alongside growth in resorts, revenue and reputation.

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 losing big bet on Chinese tourists

May 14, 2015

March visitor arrivals in Macau fell 13.5 percent, including a 17% decline in arrivals from mainland China. Macau increasingly relies on mainland China tourists, but the March numbers plus 11 straight months of falling casino revenue highlight the perils of that choice.

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.


Follow

Get every new post delivered to your Inbox.

Join 216 other followers

%d bloggers like this: