Reasons for Japan to legalize casinos keeping growing along with the country’s burgeoning debt and quarter century long economic malaise. Yet Japan casino legalization seems less likely than a year ago, international observers say. Supporters in Japan remain optimistic, and a study of potential casino impacts has been commissioned – maybe.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air
Five Chinese New Years ago, Singapore’s first casino opened its doors. The city’s two so-called integrated resorts became Asia’s most admired because Singapore dared to do things 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
Coming soon to Sands Cotai Central: Planet J, a groundbreaking live-action-role-play theme park, combining physical and virtual challenges. It will supplement Macau’s family entertainment menu as the global gaming capital tries broaden its tourist appeal.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air
Investing in developing economies is risky enough. When the project involves an edgy product such as casinos, the hazards multiply. Add in a powerful clergy, and that’s how things went wrong for Australian billionaire James Packer’s Crown Resorts in Sri Lanka.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air
Casino revenue in Macau declined for an eighth straight month in January. But analysts, who remain bullish on Macau for the long term, disagree on whether it’s time to buy shares.
I’ve had a busy few weeks writing about Macau on Foirbes.com. It was a dismal December for Macau, a record monthly drop capping the first down revenue year since liberalization. As revenue fell, tumbling casino share prices hit Hong Kong’s richest hard. The drivers of high roller revenue, junket promoters are pulling back in Macau to look for greener pastures in Asia and beyond. In the midst of Macau’s dark times, Las Vegas Sands founder, chairman, chief executive and resident visionary Sheldon Adelson becomes Sands China’s CEO, replacing highly respected Edward Tracy, who will retire in March.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air
After disappointing the casino business in 2014, Macau and Japan will bounce in 2015.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air
Muhammad Cohen 