This pair of casino giants, whose Singapore properties Marina Bay Sands and Resorts Wold Sentosa rank among the most lucrative integrated resorts on earth, could square off elsewhere. Asia is an obvious pick, though given the paucity of new opportunities in the region, it’s just as likely LVS and Genting could open a new chapter of their rivalry in New York or Texas.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a editor at large for Inside Asian Gaming, contributor to Forbes, columnist/correpsondent 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.
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.
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.
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.
After 34 initial expressions of interest in June, only six bidders stepped up for South Korea’s two gaming license, and just two of these made the required $50 million deposit with their applications. Diminished enthusiasm may change the focus for gaming investment from Incheon, near Seoul, to Jeju Island, off the country’s southern coast.
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.
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.
Casino legalization garnered unprecedented grassroots opposition in Singapore. The Singapore government’s strict casino oversight is a political response to that opposition, and its reduces gaming revenue by billions.
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.
Five Chinese New Years ago, Singapore’s first casino opened its doors. The city’s two so-called integrated resorts became Asia’s most admired because Singapore dared to do things right.
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.
With their casino revenue potential restrictions, Singapore’s integrated resorts booked $1.3 billion in revenue beyond the casino floor last year from hotels, shopping, conventions and attractions, much of it at higher margins than gaming. That’s a quarter of Singapore IRs’ total revenue, five times better than Macau’s percentage of non-gaming revenue, but less than half of the ratio for Las Vegas.
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.