Posts Tagged ‘Asia casinos’

Analysts defy Adelson, predict Asia casino glut

September 26, 2019

Union Gaming analysts Grant Govertsen John DeCree look at more than US$65 billion in Asia gaming projects now under development and see a likely glut, challenging Sheldon Adelson’s declaration that the region can support “ten Las Vegases.”

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.

Sole Korea casino for Koreans struggles to balance profits, policy imperatives

June 29, 2019

South Korea’s only casino that admits players without foreign passports, Kangwon Land faced penalties for having too much gaming revenue. But last year, it reduced revenue too sharply and profits plummeted. Now it’s trying to find the right balance.

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.

Putin-Kim summit site lures casinos, Suncity

April 27, 2019

Outside Vladivostok, where Vladimir Putin met Kim Jong-un, and within easy reach of northeastern China, Korea and Japan, Primorsky Krai Integrated Entertainment Zone has Tigre de Cristal casino running and three more under construction. Primorsky has enough promise to lure dominant Macau junket promoter to take a leading stake in Tigre de Cristal through its Hong Kong listed arm.

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.

Japan will legalize casinos its own way

March 27, 2018

As the Diet plods toward casino legalization, Japan’s proposed casino regulations keep exasperating global gaming giants. But the Sands, Caesars and MGMs of the world will have to play by house rules or find another game.

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 billionaire Chen came looking for oil

March 19, 2018

In the aftermath of genocide and civil war, Chen Lip Keong came to Cambodia to find oil, but struck gold in the casino business.

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.

House of Cards interview on Asia airs this week

May 22, 2017

My recent interview on radio’s House of Cards airs this week. I give host Ashley Adams my views on Asian gaming, poker and bridge, as in the one connecting Hong Kong, Macau and Zhuhai.

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 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.

The Philippines fights back

May 17, 2017

In a turbulent 2016, the Philippines crossed the US$3 billion barrier and was the fastest growing major gaming market in Asia. Resort expansion continues in a market that sees room to grow in the domestic and international segments, but is not dependent on Chinese visitors.

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.

FU Day wisdom from Lonely Planet co-founder Tony Wheeler, odd coupled with Asian casinos

November 12, 2016

Happy Felix Unger Day, November 13. This year’s odd couple is Lonely Planet co-founder Tony Wheeler and Asian casinos.

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 dismiss Shanghai Disney threat

September 18, 2016

Shanghai Disney opened in June, a US$5.5 billion category killer in Asia’s burgeoning family entertainment market. As they move beyond gaming, casino operators increasingly compete with Disney for entertainment spending, whether they want to or not.

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 head fake rouses Vietnam

June 28, 2016

Even with a long awaited casino law bill submitted to Vietnam’s parliament, a Ho Chi Minh City project that looks like a casino, talks like a casino and quacks like a casino will never be a casino.

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.


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