Don’t bet the house on Asia-Pacific casinosMuhammad Cohen

From Seoul to Sydney, Melbourne to Macau, casinos across Asia-Pacific are struggling to recapture their success of this century’s first two decades. Sluggish post-Covid economic recoveries, particularly in China, disrupted travel patterns, conflict in Europe and the Middle East, the collapse of Macau’s junket system and the growth of online gaming all factor into regional gaming climate change. But maybe there are just too many casinos in Asia.

Former US diplomat and broadcast news producer Muhammad Cohen is Asia editor at large for Clarion Media, 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.