Wynn-Adelson Vegas rivalry ended in Macau

Las Vegas Sands founder Sheldon Adelson and wife Dr Miriam Adelson (center) at the April 2012 opening of Sands Cotai Central in Macau, with then Macau Chief Executive Fernando Chui Sai-on (left) and then Las Vegas Sands president and chief operating officer Michael Leven.

Las Vegas visionaries Sheldon Adelson and Steve Wynn took separate routes to revolutionizing the Strip while ragging on each other. When their paths brought them to Macau, the Adelson -Wynn rivalry was expected to continue. Instead it fizzled, amid their radically different approaches to the great gaming opportunity of their lifetimes.

Former US diplomat and broadcast news producer Muhammad Cohen is Asia editor at large at ICE365, a contributor to Forbes, columnist for Asia Times and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about TV news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook, Twitter @MuhammadCohen and LinkedIn.

Billionaire Okada still wants Wynn, Universal

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.

Conversano created ‘design with a punchline’

Hospitality and casino design pioneer Henry Conversano passed away at age 86. His legacy lives in the integrated resort era he helped create, the architects and designers he mentored and casino moguls he influenced.

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.

Steve Wynn still looms over Wynn Resorts

Despite resigning as chairman and CEO Steve Wynn remains a big part of Wynn Resorts. A tentative agreement giving Elaine Wynn control of her shares exchanges one uncertainty about the company’s future for others.

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.

Wynn leaves company with his name on it

Wynn Resorts founder Steve Wynn decides the company would be better off without him. In the wake of sexual misconduct allegations, Wynn stepped down as chairman and CEO of the company with his name all over 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.

Venetian Macao changed the game

Celebrating its tenth anniversary as the world’s largest casino resort, Venetian Macao transformed the landscape for Las Vegas Sands, its creator Sheldon Adelson and global 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.

Macau can crow as year of rooster dawns

Casino operators in Macau are seeing mass market and high roller revenue growing, making for a happy new year. But only one of those market segments is a good bet in the long run.

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.

Predictions for Macau, Manila, Mickey hit marks

Last January’s forecasts for Parisian Macao to excite visitors and Manila to get its mojo back proved correct, as well as Shanghai Disneyland sharpening competition for leisure spending across the region. Stay tuned for 2017 predictions.

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.

Macau powers to best gain in 31 months

After 26 straight monthly declines, Macau’s gaming revenue grew 14.4% in November, the highest rate since April 2014, with both high rollers and tourists playing key roles.

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.

Casinos gamble on Trump presidency

Failed former casino owner Donald Trump’s presidency can help and hurt casinos in Asia, depending on their connections to the president-elect and the evolution of his administration’s policies.

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.