Australia listed Donaco International spent $360 million to buy a Cambodia border casino in Poipet. Macau junket promoter Heng Sheng Group and Manchester United have joined the Star Vegas team to help make the investment pay. Poipet’s location, two hours from the ancient Buddhist Angkor Wat complex, is a key selling point for Chinese tourists.
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.