Posts Tagged ‘Vietnam casinos’

Vietnam moves toward casinos for all

February 28, 2017

To encourage investment and keep gambling spending at home, Vietnam opens the door to casinos for its citizens. Gaming industry experts say allowing the local population to play is the key to building casino resorts that have the size and scope to attract international visitors.

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.

China shifts shape Asian gaming in 2017

January 8, 2017

As Beijing continues to squeeze high rollers, Asian gaming will look beyond China in 2017, and southeast Asia will be a big winner.

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

November 30, 2016

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.

Playing the India card in Nepal

October 10, 2016

Newly listed Silver Heritage Group hopes to tap the tap the Indian casino market via Nepal with the first integrated resorts designed for Indians just over the border in Nepal.

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.

Casino head fake rouses Vietnam

June 28, 2016

Even with a long awaited casino law bill submitted to Vietnam’s parliament, a Ho Chi Minh City project that looks like a casino, talks like a casino and quacks like a casino will never be a casino.

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.

Vietnam’s biggest casino ups its resort game

December 29, 2015

New management at Vietnam’s first integrated resort destination, the Ho Tram Strip announces more hotel rooms, villas and condos plus added resort amenities, even if the most of the new visitors can’t play in its foreigners-only casino. Hotels, restaurants and golf have better margins than casinos, especially in Asia’s cut-throat high roller 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.

Small beats big in Vietnam casino game

July 31, 2015

Investors have big plans for casinos in Vietnam, even though small gaming projects have had more success.

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.

Falcone resignation ‘positive’ for Vietnam casino

November 30, 2014

Vietnam casino resort developer Asian Coast Development Ltd (ACDL) says that Philip Falcone’s resignation from Wall Street’s Harbinger Group is a “positive development” for its Ho Tram Strip resort cluster, two hours south of Ho Chi Minh City, the former Saigon. Falcone’s independent Harbinger Capital Partners is the majority investor in ACDL. With a new Greg Norman golf course and new executive leadership, Ho Tram Strip envisions beachfront condominiums to double the size of its first casino resort. The revamped casino team has booked record revenue in October and November, while hoping that Vietnamese will be allowed to try their luck at the tables in the year ahead.

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.

Junket, hotel investor tries Ho Tram, Vietnam

August 21, 2014

Junket and budget hotel chain co-founder Chien Lee has bet on Vietnam’s Ho Tram Strip. So far, developers of the 400 acre seaside site have built only one of five planned resorts, The Grand – Ho Tram Strip, a drop dead gorgeous 541 room casino hotel designed by Paul Steelman.

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.

Macau casino minimum bets soar

May 26, 2014

Macau keeps raising the minimum bets at its tables. “If you’re betting $50 a hand, you can’t play in my casino on weekends,” one executive told me. In the short run, it’s about maximizing profits from a limited number of tables. But in the long run, high costs for play, along with expensive hotel rooms and shopping, may alienate visitors, good news for less expensive regional rivals such as the Philippines, Cambodia and Vietnam.

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.


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