Billionaire Baha Mar buyer Henry Cheng joins Forbes Hong Kong’s 50 Richest for 2018

Succeeding his late father Cheng Yu-tung at the head of the Chow Tai Fook/New World empire, Henry Cheng has expanded the family’s role in casinos beyond Macau into Vietnam, Australia and the Bahamas while becoming a billionaire in his own right.

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.

Korea casino resort opens amid Chinese boycott

North Korea’s aggressive missile testing and nuclear ambitions casts a shadow over the opening of US$1.1 billion Paradise City outside Seoul. South Korea’s deployment of the US THAAD missile defense system in response has led to a boycott by Chinese tour groups, the resort’s target market.

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.

Wanted: Casinos for Australia tourist hub

Home to the Great Barrier Reef, vineyards and Outback expanses, Australia’s Queensland is looking for a casino developer, maybe two, after its first choice dropped out. Star Entertainment, investing US$3 billion in Queensland integrated resorts with its China-facing partners, thinks there’s no need for more players at the table.

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.

Australia casinos shift China play

As VIP play recedes while Chinese visitor numbers boom, Australian casinos hope integrated resorts will keep Chinese playing with them.

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.