Posts Tagged ‘Okada Manila’
December 1, 2021

Suncity leader Alvin Chau’s arrest escalates China’s crackdown on its citizens gambling and illegal money transfers. (Photo provided by Suncity Group.)
The arrest of Suncity chief Alvin Chau and others from the leading Macau junket promoter dramatically escalates China’s efforts to limit its citizens’ gambling activities and illegal overseas money transfers.
Suncity’s Hong Kong listed arm, which excludes its junket business but holds stakes in casino properties Hoiana in Vietnam and Tigre di Crystal in Russia plus a casino hotel under development in Manila’s Entertainment City, says Chau plans to resign as its chairman and CEO.
My ICE365 article on Genting’s licensing in Nevada while discounting its Philippines business highlights how regulators around the world have perfected the art of diminishing, if not disregarding, inconvenient facts. In Macau, at least for now, the authorities have lost their blinders when it comes to Suncity. This story has barely begun to unfold.
Former US diplomat and broadcast news producer Muhammad Cohen is a columnist for ICE 365, a contributor to Forbes, columnist/correspondent for Asia Times, 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:Alvin Chau, casino regulation, Hong Kong On Air, ICE365, Macau junkets, Nevada casino licensing, Nevada Gaming Control Board, Okada Manila, Philippines casinos, Resorts World Las Vegas, Resorts World Manila, Suncity Group
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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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December 8, 2018
Japanese tycoon Kazuo Okada says he’ll take back the companies he founded, including Wynn Resorts and Universal Entertainment, the pachinko company that owns the Philippine casino hotel with Okada’s name on it.
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:Asia Times, Hong Kong On Air, including Steve Wynn Forbes.com, Inside Asian Gaming, Japan billionaires, Japan casinos, Kazuo Okada, Okada Manila, pachinko, Pachinko mogul says he’s the victim of people he helped, Philippine casinos, Steve Wynn, Universal Entertainment, Wynn Resorts
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September 9, 2018
Japanese billionaire Kazuo Okada claims Universal Entertainment subordinates created shady deals then blamed him to remove Okada from the gaming machine company he founded and the Okada Manila casino resort he created. Those allegations are part of a three hour-plus interview with Okada to be featured in the upcoming October issue of Inside Asian Gaming. Earlier, Okada expressed confidence he will get his empire back.
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, Hong Kong On Air, Inside Asian Gaming, Japan billionaires, Kazuo Okada, Okada Manila, Philippine casinos, Universal Entertainment
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August 18, 2018
After his questioning by Hong Kong’s Independen Commission Against Corruption, Japanese billionaire Kazuo Okada says he’s innocent of embezzling accusations and vows he’ll get his company back, including the Philippine casino hotel with his name on it.
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, Hong Kong On Air, Japan billionaires, Okada Manila, pachinko, Philippine casinos, South China Morning Post, This Week in Asia, Universal Entertainment
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July 20, 2018
In pursuit of a Japan casino role, Native American casino operators play the ethnic card but ignore baseball’s Chief Wahoo controversy at home despite being major ballpark advertisers.
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:Chief Wahoo, Forbes.com, Foxwoods, Hard Rock International, Hong Kong On Air, Inside Asian Gaming, Japan casinos, Major League Baseball, Mohegan Sun, Okada Manila, Paradise City Korea, Sega Sammy, stadium advertising, US tribal 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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June 6, 2017
With billions of new investment in Manila integrated resorts, Philippines casino revenue was the fastest growing in Asia last year and has kept up with the pace this year. But IGamiX Management & Consulting managing partner Ben Lee says Philippine growth rests on shaky foundations and may not last. (The interview took place and was posted before the Resorts World Manila attack.)
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:Ben Lee, Bloomberry Resorts, City of Dreams Manila, Forbes.com, Genting Group, Hong Kong On Air, IGamiX, Inside Asian Gaming, Melco Resorts, Okada Manila, Philippine casino, Resorts World Manila, Solaire Resort, Travellers International Hotel Group
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