Australia bets on casinos to draw Asian tourists

Queensland wants to license three new multibillion dollar casino resorts to attract Chinese tourists and revive its economy hit hard by declining mining export earnings. Not everyone is convinced integrated resorts in Australia’s sunshine state will be a smart play.

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.