Archive for the ‘Uncategorized’ Category

Bank sees ‘green shoots’ of Macau recovery

July 1, 2015

Although Macau’s gaming revenue almost certainly fell for a 13th consecutive month in June, Credit Suisse sees “green shoots” of recovery in recent trends.

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 government undermines Beijing on gaming rules: expert

June 22, 2015

Contrary to conventional wisdom, regulatory expert Gaming Compliance believes Macau authorities sometimes dilute Beijing’s gaming rules to help local economic mainstays.

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.

Cities, developers often squander casinos’ urban clout

June 22, 2015

Global Market Advisors partner Andrew Klebanow says better design and regulation can help casinos stimulate urban development in a recent white paper. Macau has prime examples of urban casinos done right and less 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, 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.

Cambodia casinos in spotlight after $360 mln deal

June 14, 2015

Australian listed Donaco International’s purchase of Poipet’s Star Vegas for $360 million puts the spotlight on Cambodia’s border casino areas that usually operate in the shadows.

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.

Galaxy, rival casinos expand as Macau contracts

June 5, 2015

In the midst of a yearlong revenue, Galaxy Macau unveiled a $3 billion expansion to its Cotai resort last week. It’s the first of the $20 billion wave of new resorts aiming to refocus Macau on the mass market and non-gaming attractions.

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.

NagaWorld puts Cambodia on Asia casino map

May 25, 2015

In booming Phnom Penh, NagaWorld is expanding Indochina’s biggest casino resort to make it an even more formidable regional competitor. Parent company NagaCorp’s ambitions also include two Airbus A320s for bring guests from China to Cambodia and a new resort in Russia.

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.

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.


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