Solaire shines light on Philippine casino ambitions

The Philippines hopes a quartet of US$1 billion-plus casino resorts will put on the global gaming map. The first of these resorts, Solaire just passed its first anniversary. For Solaire and rival Resorts World Manila, 2013 results suggest revenues aren’t yet growing as fast as aspirations.

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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