Only 8% of Macau’s Chinese visitors plan to return

Investment bank CLSA’s Chinese Tourists 2016 report says just 8% of Macau visitors plan to return, highlighting the gaming capital’s shortcomings attracting China’s burgeoning traveling class.

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.

Macau hopes casino losing streak ends at 20

In January, Macau’s gaming revenue fell for the 20th straight month compared to a year earlier. But Chinese New Year and aberrantly low February 2015 revenue could mean that Macau revenue ends its losing streak this month. But one uptick doesn’t make a recovery.

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.

Lawrence Ho triggers Macau mass hysteria

The global gaming capital’s newest casino resort, Lawrence Ho’s Studio City aims to refocus Macau on the mass market with entertainment attractions and no VIP tables. So far, though, there’s limited evidence that Macau can attract visitors for amusements beyond gaming.

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.

Future arrives early for Macau

Investment bank Sanford Bernstein says the mass market is Macau’s future but VIP revenue has collapsed before the global casino capital is ready for the switch.

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.