Posts Tagged ‘Macau casino concessions’
September 27, 2019
Incoming Chief Executive Ho Iat Seng will preside over the expiration of Macau’s casino concessions in 2022. Beijing didn’t select Ho to rock the boat, good news for the current licensees that have invested billions to create the world’s largest casino hub. But they should be careful, not cocky.
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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Tags:Forbes.com, Galaxy Entertainment, Ho Iat Seng, Hong Kong On Air, Las Vegas Sands, Macau casino concessions, Macau casinos, Macau economy, Macau politics, Melco Resorts, MGM Resorts, Pansy Ho, SJM Holdings, Wynn Resorts
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June 27, 2019
China’s headline economic issues are deterring high end players, but mass market gaming drives Macau casino revenue. It’s a healthy trend that’s likely to continue as authorities push for Macau to become more of a tourism destination and less of a gambling hub.
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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Tags:Chinese outbound tourists, Forbes.com, G2E Asia, gaming revenue, Hong Kong On Air, Macau casino concessions, Macau casinos, Macau mass gaming, Macau VIP gaming
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March 22, 2019
Macau has extended the casino concessions for SJM Holdings and MGM China to June 2022, aligning them with the expiration dates for Macau’s other four casino operators. What will happen in 2022 remains as unclear as ever.
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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Tags:Forbes.com, Galaxy Entertainment, Hong Kong On Air, Las Vegas Sands, Macau casino concessions, Macau casinos, Macau government, Macau politics, Melco Resorts, MGM China, MGM Resorts, Sands China, SJM Holdings, Wynn Resorts
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December 28, 2018
The Macau government won’t say what will happen with casino concessions expiring in 2020. That’s one reason casino shares are tanking.
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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Tags:2018 predictions, Forbes.com, Hong Kong On Air, Inside Asian Gaming, Japan casino legalization, Macau casino concessions, Macau casino share prices, Okada Manila, online gaming regulation, US sports betting, Vietnam casinos
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January 9, 2018
Here’s the customary review of my 2017 predictions, and, more important, a look ahead at 2018 in Asian gaming.
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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Tags:2017 in review, 2018 predictions, Forbes.com, Hong Kong On Air, Japan casino legalization, Korea casinos, Macau casino concessions, Macau casinos, NagaWorld, Okada Manila, online gaming, online gaming regulation, Paradise City Incheon, Philippine casinos, Tiger Palace, Vietnam casinos
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