Macau casino numbers remain steadily bad

Experts disagree on whether Macau’s consistently low casino revenue indicates stability or stagnation.

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.

Star reborn in Australian gaming

Australia’s number two casino operator, the former Echo Entertainment has been reborn as Star Entertainment, and its prospects are shining, Morgan Stanley believes.

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.

Studio City takes Macau in new directions

Macau’s latest integrated resort has Batman, Bugs Bunny, Leonardo DiCaprio and Robert De Niro in Martin Scorsese’s movie about it, Asia’s highest figure-eight Ferris wheel and, most amazing, Studio City has no VIP gaming, a revolutionary change for the world’s casino capital.

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.

Macau analysts differ after Golden Week gains

Macau casino revenue for the early October Golden Week exceeded expectations, but analysts disagree on whether that signals an end to 16 consecutive months of declines.

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.

Morgan Stanley picks global gaming winners

A new report from investment bank Morgan Stanley picks five global gaming stocks as winners. The report uses Morgan Stanley’s global reach to examine key issues facing the casino business in risky times.

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.

The Next Asia: banker’s book doesn’t add up

Stephen Roach was one of the big shots on Wall Street for decades before moving to Hong Kong to head investment bank Morgan Stanley’s Asian operations. Lauded as a “thought leader” in the finance world, Roach’s book The Next Asia demonstrates how little thought it takes to win that accolade. Roach doesn’t have much to say about Asia that you haven’t heard before, but the book is instructive as an illustration of the arrogance that crashed the global economy and believes those same bankers deserve seven figure bonuses so they can try again.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, financial crisis, and cheap lingerie.