Macau casinos rebound to ‘less bad’ in Q1

A rally in some casino share prices aside, Macau’s detailed first quarter revenue report provides a reality check for a market that’s “less bad” in the eyes of some analysts, but barely recovering.

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.