Macau casinos remain best bet in Asia
Muhammad Cohen
When Covid restrictions ease, Asian gaming destinations will feel the impact of Chinese government policies to curtail overseas gambling, with Macau likely to suffer least.
Despite investor fears triggered by new gaming law proposals, Macau’s casino sector remains the best bet in Asian gaming. China’s policies to stop overseas gambling by its citizens are real, and their impact will unfold as Covid travel restrictions recede. Destinations will feel the effects differently based on a variety of factors, including bilateral relations with Beijing.
Former US diplomat and broadcast news producer Muhammad Cohen is a columnist for ICE 365, a contributor to Forbes and Inside Asian Gaming, columnist/correspondent for Asia Times, 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.
Books
Hong Kong On Air
Insider view of TV news, love, betrayal, high finance, and cheap lingerie
Red-Blooded Risk
The Secret History of Wall Street
Lonely Planet Indonesia
Updated guide to the world's most intriguing archipelago
The Poker Face of Wall Street
Gambling for investors and investing for gamblers