In the cool mountain air of a 130 million year old rainforest, Resorts World Genting is Asia’s largest and most unique integrated resort. Just 58 kilometers (36 miles) from Malaysia’s capital Kuala Lumpur, RW Genting feels worlds away. Malaysia’s only legal casino has to be different because the majority of the national population are barred from gambling.
Covid coupled with massive ill-timed bets on the Asian cruise market led to bankruptcy for Genting Hong Kong, the company that began as Star Cruises. But for Genting chairman Lim Kok Thay and family that control the global gaming and leisure group, bankruptcy seems little more than a course correction.
Mobile sports betting remains particularly contentious, with Governor Andrew Cuomo, legislators, the Native American Oneida Nation and local officials pushing different plans. No regulated industry can ever completely beat the political house, but New York stands out for government consistently trumping common sense.
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.
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.
Despite the yearlong slump in the world’s gaming capital, Macau still dominates Inside Asian Gaming’s Asian Top 50 at the front end, with eight out of the first nine and 11 of the first 13 names on the 2015 list. But all five of the list’s newcomers are making their bones beyond Macau.
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.