Macau’s gross gaming revenue reached US$28.3 billion last year, 77.5% of the 2019 total. For China-facing casino operators, pivoting from a VIP junket reliant business model to mass market tourism remains a challenge amid tougher restrictions on money movements and decreased visitation from the PRC. Several leading minds in gaming have helpful suggestions.
Former US diplomat and broadcast news producer Muhammad Cohen is Asia editor at large for iGaming Business, a longtime 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 biography, online archive and more at www.muhammadcohen.com; follow him on Facebook, LinkedIn, ex-Twitter @MuhammadCohen and now on Blue Sky @MuhammadCohen.bsky.social.