Macau marches to post-pandemic tuneMuhammad Cohen

Macau marches to post-pandemic tuneMuhammad Cohen
Grand Lisboa Palace evokes SJM founder Stanley Ho’s vision of Macau as Asia’s Monte Carlo. (Photo: Muhammad Cohen)

Once again the world’s casino revenue leader, Macau has entered a brave new world of new properties, new policies, no large scale junkets operations and a focus on non-gaming spending.

Meanwhile June gross gaming revenue of US$1.9 billion makes the first half tally 53.6% of 2019, up from 52% through May, but still well short of the post-pandemic boom in the US, Philippines and Singapore. Macau is moving in the right direction, but still has a long way to go.

Former US diplomat and broadcast news producer Muhammad Cohen is editor at large for iGaming Business, 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 bio, archive and more at www.muhammadcohen.com; follow him on Facebook, Twitter @MuhammadCohen and LinkedIn.

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