Archive for the ‘Uncategorized’ Category

Philippine gaming wins respect under Pagcor chief Naguiat

May 16, 2015

Reformist President Benigno Aquino III handpicked Cristino Naguiat to lead Pagcor, the Philippines gaming regulator that also operates its own casinos, in an era of unprecedented expansion. Under Naguiat, Philippine gaming has achieved international respect alongside growth in resorts, revenue and reputation.

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.

Macau losing big bet on Chinese tourists

May 14, 2015

March visitor arrivals in Macau fell 13.5 percent, including a 17% decline in arrivals from mainland China. Macau increasingly relies on mainland China tourists, but the March numbers plus 11 straight months of falling casino revenue highlight the perils of that choice.

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.

Singapore’s Marina Bay Sands changed global casino game

May 8, 2015

Five years ago, the opening of Marina Bay Sands transformed more than the Singapore skyline, it revamped the global casino landscape with diverse offerings in a spectacular package.

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.

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.

Melco Crown needs City of Dreams Manila jackpot

March 14, 2015

Macau casino operator Melco Crown’s new City of Dreams Manila resort needs to hit the jackpot to put the Philippine capital on the global gaming map and to show that the company can create a successful property in a challenging environment. Melco Crown’s sons of billionaires co-chairmen Lawrence Ho and James Packer have enlisted the star power of Robert De Niro, Leonardo DiCaprio and Martin Scorsese to aid their cause.

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.

Strict Singapore casino rules limit revenue

March 4, 2015

Casino legalization garnered unprecedented grassroots opposition in Singapore. The Singapore government’s strict casino oversight is a political response to that opposition, and its reduces gaming revenue by billions.

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.


Follow

Get every new post delivered to your Inbox.

Join 202 other followers

%d bloggers like this: