A visit to Malaysia’s Resorts World Genting, Asia’s first integrated resort, after early trips to Singapore and the Philippines, adds to evidence that Southeast Asia is the new engine of regional gaming growth. The ASEAN group combines new resorts, an increasingly wealth population and attractive resorts, with more on the way. Watch this space for more coverage of this intriguing destination.
I visited Singapore last week for the G2E Asia gaming conference and trade show, held at Marina Bay Sands. MBS remains the most impressive and profitable casino resort on earth, symbol of a Singapore that’s grown past chewing gum bans. Crosstown rival Resorts World Sentosa draws domestic and international visitors with Universal Studios and other attractions.
Casino licenses on offer for New York City and vicinity should inspire similarly sensational integrated resorts. But the licenses will likely produce no-frills cash boxes, bringing the city more of what it doesn’t need. Without a major policy rethink, the city will be better off without them.
As Macau continues to struggle under the zero-Covid regime, Singapore icon Marina Bay Sands keeps driving Las Vegas Sands’ financial performance. In an exclusive interview, MBS chief operating officer Paul Town explains how the common interests and shared purpose of the resort and its Singapore host community key the integrated resort’s lasting success.
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.
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.
As Japan considers casino legalization, Sheldon Adelson warns regulators could prevent “the best kind” of casino resort. Foreigners criticizing details of legislation not yet crafted could mean no casinos at all in Japan or no role in them for difficult gaijin.
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.
The man who brought Vegas to Macau, Las Vegas Sands founder Sheldon Adelson ranks first in the Asian Gaming Power 50 for the eighth time in nine years. (Fully disclosure: As editor at large of Inside Asian Gaming, I helped compile the 2016 list.)
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.