Macau falls for 26th straight month

After Macau’s casino revenue fell for a 26th consecutive month, the global casino capital is seeing resorts worth more than US$7 billion opening within three weeks. Is it lack of US$250 hotel rooms and opulent gambling venues in Cotai that’s holding back Macau?

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.