Big trends loom behind Macau casino figures

After falling in January, Macau casino revenue rose in February but was down for the larger Chinese New Year period. Behind those headlines, there two big trends lurk.

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.

US casinos at risk in China trade war

Author Shaun Rein outlines China’s skill in using economic diplomacy, including consumer spending, to support its political line in his recent book The War for China’s Wallet. Rein says US casinos in Macau could be casualties in a trade war with China.

Totally globalized native New Yorker ahttps://www.forbes.com/sites/muhammadcohen/2018/06/25/china-trade-war-potential-casualties-include-u-s-casinos-in-asia/nd 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.

China currency, equity turmoil adds to Macau’s woes

Tough times for the world’s gaming capital show little sign of abating. Macau’s casino revenue fell 35.5% in August, its fifteenth straight month of year on year decreases. That follows a 34.5% gaming revenue decline in July. China’s slowing economy and President Xi Jinping’s anti-corruption drive have driven Macau’s slump, but mainland stock market chaos and currency devaluation make recovery more difficult.

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.

Chinese tastes leaving Macau behind: expert

China Market Research Group founder Shaun Rein literally wrote the book on Chinese consumer tastes and trends. Rein’s latest book, The End of Copycat China highlights how Chinese companies are moving up the innovation curve, partly in response mainland consumer’s evolving preferences. Rein highlights how both trends contribute to Macau’s current slump and what the global gambling capital needs to do to respond.

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.