Posts Tagged ‘Crown Resorts’

Melco hides Stanley Ho ties in plain sight

June 2, 2021


Melco used “Stanley Ho’s strong and enduring links with Macau and its business community” to secure the land for its flagship City of Dreams resort in Cotai.

Australia Broadcasting Corp’s Four Corners investigation of Crown Sydney skewers James Packer and former New South Wales Premier Barry O’Farrell. It touches on links between Melco and Stanley Ho that the Hong Kong and New York listed casino operator has managed to hide in plain sight for 15 years. Melco’s culture of denial enabled its futile bid to acquire Crown that lost US$235 million while awarding a US$19 million bonus to the doomed deal’s architect, Melco chairman Lawrence Ho.

Former US diplomat and broadcast news producer Muhammad Cohen is a columnist for iGaming Business, a contributor to Forbes and Inside Asian Gaming, columnist/correspondent for Asia Times, 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.

James Packer recovering from humbling year

January 3, 2018

Few billionaires had more humbling 2017 than Australia’s James Packer, controlling shareholder of Crown Resorts. But a scaled down, laser focused Packer and Crown are looking to defend their number position in Australia, rather than conquer the world.

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.

Melco-Crown split extends to hotels: Lawrence Ho

May 20, 2017

In an exclusive interview, Melco Resorts chairman Lawrence Ho says Crown Towers will be replaced at its City of Dreams properties in Macau and Manila. To be published in the June issue of Inside Asian Gaming, the full interview reveals Lawrence Ho’s reasons behind the exit of James Packer’s Crown Resorts from the former Melco Crown partnership and how Muhammad Cohen’s coverage influences Melco boardroom strategies.

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.

Crown arrests in China could aid Macau casinos

October 28, 2016

The ongoing drama of Crown Resorts executives arrested in China for allegedly violating rules against casino promotion are bad for Crown but may benefit Macau’s beleaguered junket promoters at the expense of other VIP destinations.

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.

Australia casinos shift China play

September 22, 2016

As VIP play recedes while Chinese visitor numbers boom, Australian casinos hope integrated resorts will keep Chinese playing with them.

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 fever overwhelms India’s gaming chops

June 13, 2016

While casino operators scramble for China’s players, India represents Asia’s biggest untapped market with US$10 billion potential, Global Market Advisors says in a new study.

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.

Star reborn in Australian gaming

March 2, 2016

Australia’s number two casino operator, the former Echo Entertainment has been reborn as Star Entertainment, and its prospects are shining, Morgan Stanley believes.

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.

Brisbane picks a winner for riverfront casino

September 17, 2015

Australia’s number two gaming operator Echo Entertainment gets a vital win in Brisbane in its Queensland base over rival Crown Resorts.

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.

Sri Lanka casino tale highlights political risk

February 17, 2015

Investing in developing economies is risky enough. When the project involves an edgy product such as casinos, the hazards multiply. Add in a powerful clergy, and that’s how things went wrong for Australian billionaire James Packer’s Crown Resorts in Sri Lanka.

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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