Archive for July, 2014

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.

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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.


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