Rough September, worse October for Macau

Macau casino revenue took its worst tumble in five years in September. The outlook for October, traditionally one of the most lucrative months on the calendar due to China’s Golden Week holiday, is an even bigger fall.

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.