Analysts defy Adelson, predict Asia casino glut

Union Gaming analysts Grant Govertsen John DeCree look at more than US$65 billion in Asia gaming projects now under development and see a likely glut, challenging Sheldon Adelson’s declaration that the region can support “ten Las Vegases.”

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.

Putin-Kim summit site lures casinos, Suncity

Outside Vladivostok, where Vladimir Putin met Kim Jong-un, and within easy reach of northeastern China, Korea and Japan, Primorsky Krai Integrated Entertainment Zone has Tigre de Cristal casino running and three more under construction. Primorsky has enough promise to lure dominant Macau junket promoter to take a leading stake in Tigre de Cristal through its Hong Kong listed arm.

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.

Casino billionaire Chen came looking for oil

In the aftermath of genocide and civil war, Chen Lip Keong came to Cambodia to find oil, but struck gold in the casino business.

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

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.

Cambodia casino makes Chen a billionaire again

After a two year absence, Malaysia’s Chen Lip Keong rejoins the world’s billionaire ranks thanks to the succession and expansion of NagaWorld, the casino resort in Phnom Penh.

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.

Revenue sagging, Asian casinos turn to Europe

Amid tough times at home Asian casino operators are looking at Europe to restore growth and diversify. Europe is a small, fragmented market compared with Asia, but the newcomers hope the integrated resort model can change the game.

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.

Vladivostok brings Russia to Asian gaming party

Lawrence Ho-controlled Summit Ascent has announced first results from its Vladivostok casino, targeting gamblers from China, South Korea and Japan.

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 goes French, 2016 hot for Manila, India

Sands China’s Parisian Macao being a big hit tops predictions for Asian gaming in 2016. A move up for Manila, Indians as a target market, Asian operators moving into Europe and Disney Shanghai as a travel disruptor are other stories to watch as this year unfolds.

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.

Philippine hit, Macau miss in 2015 predictions

Last January, my prediction of a Macau recovery in 2015 was well off the mark, but I made better calls on the Philippines, Australia and Japan.

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.

NagaWorld puts Cambodia on Asia casino map

In booming Phnom Penh, NagaWorld is expanding Indochina’s biggest casino resort to make it an even more formidable regional competitor. Parent company NagaCorp’s ambitions also include two Airbus A320s for bring guests from China to Cambodia and a new resort in Russia.

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.