Macau mogul’s Lui Prizes surprise

Galaxy Macau chairman Lui Che Woo gives billions of his casino and property profits to good causes. The inaugural Lui Prize for World Civilization laureates demonstrate his serious commitment to rewarding the genuinely worthy without fear or favor.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming 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.

Revenue figures reveal Macau struggles

For a 25th consecutive month, Macau’s gaming revenue fell in June compared to a year earlier. Detailed quarterly numbers also reveal the depths of the global gaming capital’s woes.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming 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.

Casino sale gets Laos-ed up

The auction of Savan Vegas casino in Laos drew international bidders. Then the government took over and sold Savan Vegas cheap.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming 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.

Philippine billionaire Razon exits Korea’s Jeju

The sale of Jeju Sun by Philippine billionaire Enrique Razon Jr’s Bloomberry Resorts to junket promoter Iao Kun reflects changed expectations for Korea’s gaming market and for Macau.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming 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.

Casinos evolve, and so must Macau

Experts say integrated resorts have notably evolved in Asia over the past decade. The next stage is greater integration with between the resort and the destination, precisely what Macau needs in these difficult times.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming 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.