Japan casino gold mine may not pan out

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

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

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

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.