Las Vegas Sands subsidiary Sands China’s big bet on Macau retailing keeps paying off, even as casino revenue slumps. Rival gaming operators hope to catch up when the new wave of resorts begins opening next year, but they’ve got a long way to go.
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.
Tags: City of Dreams, Galaxy Entertainment Group, gaming operators, Hong Kong On Air, Las Vegas Sands, Macau, Macau casinos, Macau malls, Macau retail, Melco Crown Entertainment, Muhammad Cohen, Sands China, Venetian Macao