The opening of US$3.2 billion Studio City didn’t reverse Macau’s 17 months of declining casino revenue. But the October numbers offer some subtle signs of a potential turnaround for the global gaming capital.
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: Cotai casinos, Forbes.com, Galaxy Entertainment, Hong Kong On Air, James Packer, Lawrence Ho, Leonardo DiCaprio, Macau, Macau casinos, Mariah Carey, Martin Scorsese, Melco Crown, Robert De Niro, Studio City, Xi Jinping
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