Posts Tagged ‘Macau casinos’

VIPs fuel Macau casino recovery

July 15, 2017

Macau casino revenue rose 26% in June, its biggest percentage increase since the city’s recovery began last August, to US$2.5 billion. Once again, high rollers led the rebound, even though the government wants to see more mass market tourism.

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.

Top Macau casino leaders speak freely

June 16, 2017

In different settings, leading casino executives and shareholders Lawrence Ho of Melco Resorts and Francis Lui of Galaxy Entertainment unexpectedly speak out on Macau and other key gaming issues. As public policy increasingly determines casino revenue, industry leaders may feel compelled to join the debate. And you’ll never guess Lawrence Ho’s corporate muse on property synergy.

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.

VIPs drive Macau to big May

June 10, 2017

Revived high roller revenue led Macau’s 24% casino revenue rise in May. But long term opportunities still lie in the mass market.

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.

House of Cards interview on Asia airs this week

May 22, 2017

My recent interview on radio’s House of Cards airs this week. I give host Ashley Adams my views on Asian gaming, poker and bridge, as in the one connecting Hong Kong, Macau and Zhuhai.

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 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.

Macau casinos beat March expectations

April 5, 2017

With high rollers leading the way, Macau casino revenue rose 18% in March, way ahead of forecasts. Despite the VIP spike, government and casino operators insist the new Macau is all about mass market tourism.

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.

Macau casinos soar on strong VIP play

March 10, 2017

Aided by Chinese New Year crowds, February was Macau casinos’ best month in two years. Despite the much-discussed pivot toward mass tourism, VIP play is again leading revenue growth, though some doubt the trend’s sustainability.

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.

Transportation changes alone won’t move Macau

March 5, 2017

Multi-billion dollar transportation improvements aren’t enough to reshape Macau. The casino capital needs policy changes, too, to shift direction.

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.

Lawrence Ho puts it on the line in Macau

February 26, 2017

With gaming interests from the Mediterranean to Russia’s Far East to Manila in three listed vehicles and a big ticket opportunity in Japan, Melco Crown Chairman and CEO Lawrence Ho says he’s focused on Macau. His biggest challenges is making Melco Crown properties add up to the sum of their parts.

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.

Macau can crow as year of rooster dawns

February 7, 2017

Casino operators in Macau are seeing mass market and high roller revenue growing, making for a happy new year. But only one of those market segments is a good bet in the long run.

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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