Sputtering Macau junkets go on offense

With high rollers still shunning the global gaming capital, Macau junket promoters have united under the banner of Macau Gaming Information Association, in an effort to create a long-sought deadbeat debtor list and enter new markets.

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.

Investors flock to South Korea casino bidding

With burgeoning Chinese tourism and a hot pop culture scene, South Korea reportedly drew 34 applications for two casino licenses with applicants from the US, Macau and across Asia. But with 16 casinos already catering to foreigners and Korean nationals banned, some wonder whether new integrated resorts can succeed.

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.