Korea bets on Native American Mohegan Sun

Native American tribal gaming group Mohegan Sun has won a casino license in Incheon at South Korea’s gateway airport. But the outlook for integrated resorts in South Korea has turned cloudy amid falling gaming revenue from China.

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.

Japan casinos still can’t get to first base

The ruling Liberal Democratic Party has taken Japan’s integrated resorts bill off the table for the current Diet session. Conditions seem right for casino legalization in Japan, except crucial national politics.

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.

Race for new Korea casinos heats up

The government has sharpened the competition in Korea’s casino license contest that attracted 34 contenders for two licenses in round one. In the final leg, anyone can apply for any of the nine potential resorts sites, minimum investment 1 trillion Korean won (US$850 million).

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.

Investors flock to South Korea casino bidding

With burgeoning Chinese tourism and a hot pop culture scene, South Korea reportedly drew 34 applications for two casino licenses with applicants from the US, Macau and across Asia. But with 16 casinos already catering to foreigners and Korean nationals banned, some wonder whether new integrated resorts can succeed.

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.