Archive for April, 2015

South Korea casino scene heats up

April 25, 2015

Incheon, site of South Korea’s gateway international airport, and resort island Jeju are the scenes of an escalating competition for new gaming licenses among foreign billionaires and national champions to cash in on Chinese tourist growth, plus a Philippine wave seeking to lure Korean customers to Manila casinos.

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.

Morgan Stanley picks global gaming winners

April 20, 2015

A new report from investment bank Morgan Stanley picks five global gaming stocks as winners. The report uses Morgan Stanley’s global reach to examine key issues facing the casino business in risky times.

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.

‘New normal’ drops Macau March revenue 39%

April 8, 2015

Analysts say Macau has found a new normal that’s limiting gaming revenue. March registered the tenth consecutive monthly revenue decline, though some insiders see some signs of potential recovery.

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.

Lee Kuan Yew lacked faith in Singapore

April 4, 2015

Singapore’s founding father Lee Kuan Yew needed to trust the nation he so carefully built. In its early days, Singapore needed a firm guiding hand but Lee never accepted there would a time to abandon the nanny state.

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.

Solaire president sees world class in Manila

April 3, 2015

In my interview with Solaire Resort and Casino president Thomas Arasi, there were surprises even before we sat down. Arasi, the former CEO at Marina Bay Sands in Singapore, is betting the Philippines can surprise the gaming world with quality product and service.

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.