Posts Tagged ‘Inside Asian Gaming’

Macau run still has legs

June 8, 2018

Even though May revenue growth fell short of expectations, Macau casinos have found a sweet spot with continued VIP momentum and expanding overnight visits by mass market customers.

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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Japan hits pachinko harder than casinos will

May 21, 2018

In an effort to prove they can be tough on problem gambling, just in case of casino legalization, Japanese authorities have cracked on pachinko payouts. That low blow will further shrink the uniquely Japanese phenomenon of pinball amid cacophony, video and smoke that’s lost two-thirds of its players since 1995 but still brings in US$33 billion in gross revenue.

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.

Architect Steelman: Create casino destinations

March 5, 2018

Renowned resort architect Paul Steelman says integrated entertainment districts make all of their parts more attractive. He urges Manila and Japan to learn the lessons of Las Vegas and avoid the mistakes of Atlantic City.

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.

MGM Cotai arrives late to Macau party

February 21, 2018

Two years behind schedule and still incomplete, US$3.4 billion MGM Cotai opened February 13 to mixed reviews.

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.

Steve Wynn still looms over Wynn Resorts

February 14, 2018

Despite resigning as chairman and CEO Steve Wynn remains a big part of Wynn Resorts. A tentative agreement giving Elaine Wynn control of her shares exchanges one uncertainty about the company’s future for others.

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.

Saipan billionaire casino owner doubles down

February 11, 2018

Imperial Pacific International’s casino in US Pacific Territory Saipan has reported more player debt than revenue and faces an August deadline to finish its beachfront hotel. Its shares have fallen by a third over the past year, and majority owner Cui Lijie lost her place of Forbes Asia’s Hong Kong Rich List. Nevertheless, Cui has bought another 119 million more shares this year.

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.

CNBC’s Cramer makes mad money call on Macau

January 19, 2018

Television pundit Jim Cramer says buy Macau, but his stock picking is nuts because it ignores looming casino license expirations.

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.

Enter the Dragon2: Naga addition lifts Cambodia

January 6, 2018

In Phnom Penh, NagaWorld’s Naga2 takes the casino resort and Cambodia to the next level as a regional gaming destination. As forecast a year ago, Southeast Asia has gained traction as a source market and development site for integrated resorts.

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 travelers to move down market

September 27, 2017

A series of Sanford Bernstein reports shows that the wave of Chinese travelers is rising from below the current super-wealthy level, posing a raft of new challenges. Morgan Stanley research highlights some of those issues are previewing now in Macau.

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.

Donaco, Joey Lim ready for big time

September 18, 2017

Under the direction of Joey Lim, first grandson of legendary Genting Group founder Lim Goh Tong, Australia listed Donaco International says it wants to play in Japan’s casino game, building on success with Chinese customers in Vietnam and Thai customers in Cambodia.

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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