Macau casino slump runs to 17 months, Studio City rolls

The opening of US$3.2 billion Studio City didn’t reverse Macau’s 17 months of declining casino revenue. But the October numbers offer some subtle signs of a potential turnaround for the global gaming capital.

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 slump runs to 17 months, Studio City rolls

The opening of US$3.2 billion Studio City didn’t reverse Macau’s 17 months of declining casino revenue. But the October numbers offer some subtle signs of a potential turnaround for the global gaming capital.

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.