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Looking at the Q1 results they have just published, I wouldn't expect BK any time soon. Good turnaround, and promising future.

GLTA!!

LINU, Court Bankruptcy order: "On December 12, 2016, the first civil court of the Macao Special Administrative Region Court of First Instance publicly announced that Sang Heng and Sang Lung were summoned by such court to respond to a request for bankruptcy filed by Galaxy Casino in connection with its desire to liquidate Sang Heng and Sang Lung. The outstanding balance for Sang Heng and Seng Lung as of December 31, 2016 was HKD312 million (approximately $40.4 million) and is included in lines of credit payable in the Consolidated Balance Sheet. The lines of credit for Sang Heng and Sang Lung are guaranteed by Mr. Lam or Mr. Vong and are secured by their personal checks and a deposit paid by Mr. Lam. Additionally, as a result of the default, the Company is subject to monthly interest of 1.5% and potential losses and expenses caused by the default."

Pump and dump as the company is in Bankruptcy process.

Anyone know the reason for the spike in volume and PPS?

insert fork

0.4994 almost... 0.5 !

IKGH bullish 0.33






normal chart




log chart

IKGH .45 wow. What a run

Big cool spike now .35

Nice pop on Monday ready to jump again soon ! 0.5

Really need an update on how collections are going! Share price is getting crazy low

Does anybody else believe that IKGH is heading to zero (0). By this, I mean bankruptcy. I've been a shareholder for two months now, and they have released nothing but bad news. To anyone out here with more knowledge of IKGH than me, I have one question: Is there any hope here? Any comments would be appreciated.

Hotel offer has lapsed. They shut down another vip room. Focusing on seeking payments from debts owed. Definitely looks like they are working towards a stock liquidation for shareholders now. Wishing them a speedy process. The sooner the better for shareholders.

http://www.businesswire.com/news/home/20160930005131/en/Iao-Kun-Group-Holding-Company-Limited-Update

I'd love for them to get the Hotel, but with all the denials going on, first Galaxy Group and now Bloomberry, I can't imagine what other attractive alternatives there would be besides merger or liquidation.

your assuming they will be able to collect funds from shady characters.

.80-1.50 would be good but it doesn't sound like they have any intentions on liquidating. From what I remember from the conference call they have other opportunities but this was the best one

If they can't acquire the Jeju sun hotel & casino, they may have to liquidate. Would payout around $1.50 a share to shareholders ideally. Worse Case around .80 per share.

Bloomberry denies giving Iao Kun more time re Jeju deal

https://www.ggrasia.com/bloomberry-denies-giving-iao-kun-more-time-re-jeju-deal/

Philippines-based casino investor Bloomberry Resorts Corp has refuted a claim it agreed to extend the closing date for disposal of the Jeju Sun Hotel and Casino (pictured) on Jeju Island in South Korea.

The claim of deadline extension had been made by a representative of the previously identified suitor for the property, junket investor Iao Kun Group Holding Co Ltd, during a conference call on Thursday to discuss the latter’s second-quarter results.

“Bloomberry Resorts Corp would like to clarify that it has not agreed to the extension of the closing date for the said transaction with Iao Kun,” said the casino operating firm in a filing to the Philippine Stock Exchange on Monday.

Bloomberry had announced in June that Iao Kun planned to acquire the venue for a total consideration of KRW117.5 billion (US$106.3 million). It added there was an expectation the deal would be closed within 45 days of the June 23 announcement.

Jim Preissler, director of Iao Kun had said, on his firm’s second-quarter earnings conference call on Thursday, that the company was still “working to finalise” the finance agreements to complete the deal. “In the interim, we and the seller have agreed to extend the required closing dates to the acquisition,” Mr Preissler had added.

Iao Kun reported a net loss of US$104.4 million year-on-year in the second quarter, a widening of the loss recorded in the prior-year quarter.

Since the second quarter reporting period, Iao Kun-related junket operations have been halted at three Macau VIP rooms: one at Sands Cotai Central, a property of Sands China Ltd; and one each at respectively, Galaxy Macau and StarWorld Hotel, properties of Galaxy Entertainment Group Ltd.

The moves coincided with what Lam Man Pou, chairman of Iao Kun, has described as “a strategic review of our operations to reduce expenses and continue to preserve our capital”.

The only news that could explain today's move up is

Galaxy Entertainment says it booted Iao Kun junket from its properties
September 16, 2016

galaxy-entertainment-iao-kun-vip-rooms-liarMacau casino operator Galaxy Entertainment Group (GEG) says it booted junket investor Iao Kun Group Holdings (IKGH) from its properties, contradicting IKGH’s claim to have voluntarily closed two VIP gaming rooms.

This week, IKGH announced that it had closed VIP rooms at GEG’s Galaxy Macau and StarWorld properties based on its ongoing strategic review of its Macau operations. On Thursday, GEG issued a statement calling bullshit on IKGH’s claims, saying it needed to “put the record straight.”

According to GEG, it was the one who “terminated the promoter agreements with Iao Kun and closed” the two VIP rooms “as a result of Iao Kun’s breach of the agreements made with us.”

GEG offered no specifics on the nature of IKGH’s breach of contract but did say that it intends to “pursue vigorously against Iao Kun … by taking legal action against it and its relevant directors and/or officers.”

Earlier this month, IKGH announced that it was also closing its VIP room at Las Vegas Sands’ Sands Cotai Central. The three closures reduce the company’s Macau presence to just two rooms, one at Melco Crown Entertainment’s City of Dreams and the other at SJM Holdings’ L’Arc Macau.

IKGH’s Macau business has been on a sustained downturn, posting 23 straight months of year-on-year turnover declines. The slump has done a number on IKGH’s share price, to the point that IKGH announced on Thursday that it had received notification from the NASDAQ exchange that it was in breach of its obligation to maintain a minimum bid price of $1.00 per share.

NASDAQ has given IKGH 180 days in which to regain compliance. The matter will be dropped if IKGH manages to push its closing shrare price over $1.00 for ten consecutive days at any point during this 180-day period. IKGH may also be eligible for a further 180-day period in which to rectify its shortcomings provided it undertakes a reverse stock split during this second period.

IKGH announced this week that it would release its Q2 earnings report on Sept. 22. In its Q1 results, IKGH reported a net loss of $3.5m versus a $17.1m profit in Q1 2015.
http://calvinayre.com/2016/09/16/casino/galaxy-entertainment-calls-iao-kun-junket-liar/

Macau junket operator facing lawsuit following closures
Macaucasinos.com
September 16, 2016
Fines, Lawsuits & Litigation, Latest Casino and Gambling News, Macau

In Macau, VIP junket operator Iao Kun Group Holding Company Limited could be facing a lawsuit after recently announcing that it had closed its high-roller operations at the StarWorld Casino And Hotel Resort and the Galaxy Macau Casino.

According to a report from the Macau Business Daily newspaper, casino operator Galaxy Entertainment Group Limited has issued a statement declaring that it intends to take legal action against NASDAQ-listed Iao Kun Group Holding Company Limited for a “breach of its undertakings and agreements”.

Galaxy Entertainment Group Limited operates the Galaxy Macau Casino on the Cotai Strip along with the StarWorld Casino And Hotel Resort near the enclave Fisherman’s Wharf district and also stated that it would like to “put the record straight” regarding the closure of the VIP facilities.

“Galaxy Entertainment Group Limited has terminated the promoter agreements with Iao Kun [Group Holding Company Limited] and closed Iao Kun [Group Holding Company Limited] VIP rooms in the Galaxy Macau Casino and StarWorld Casino And Hotel Resort as a result of Iao Kun [Group Holding Company Limited’s] breach of the agreements made with us,” read a statement from Buddy Lam, Public Relations Assistant Senior Vice-President for Galaxy Entertainment Group Limited.

Iao Kun Group Holding Company Limited additionally shuttered its VIP operations at the Las Vegas Sands Corporation’s Sands Cotai Central venue a little over a week ago after earlier reporting a 50% drop year-on-year in company-wide rolling chip volumes for the first eight months of 2016 to $2.41 billion. GGRAsia reported that the junket operator moreover saw its rolling chip turnover for August decline by 75% year-on-year to approximately $110 million, which represented its 23rd consecutive month of such deterioration.

In an effort to diversify its business away from Macau, Iao Kun Group Holding Company Limited last year began trial operations at a pair of Australian casinos operated by Crown Resorts Limited, namely the Crown Melbourne Entertainment Complex and Crown Perth. In addition, late-June saw it declare that it had reached a deal to acquire the Jeju Sun Hotel And Casino in South Korea from Philippine operator Bloomberry Resorts Corporation for an all-cash consideration of $101 million.

https://news.worldcasinodirectory.com/macau-junket-operator-facing-lawsuit-following-closures-34536

Closed both Galaxy's leaving

VIP gaming rooms are located at the City of Dreams Macau(5 tables) in Cotai and Le Royal Arc Casino(6 tables), located in NAPE, Downtown Macau. IKGH started trial operations to the Australian casinos (Crown Perth Casino in Perth, Australia and the Crown Melbourne Casino in Melbourne, Australia)

$IKGH - Iao Kun Group Holding Company Limited Announces Strategic Macau Restructuring Initiatives

Iao Kun Group Holding Co. Ltd. (NASDAQ:IKGH)

Today : Friday 2 September 2016
Closes VIP Gaming Room at Sands Cotai Central, Expects to Generate Annual Savings of US$750,000

Iao Kun Group Holding Company Limited (“IKGH”) (NASDAQ:IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and a collaborator, today announced that it is undertaking a comprehensive strategic review of its VIP gaming room operations in Macau due to the ongoing challenging VIP gaming environment and to enhance its operating performance.

As an initial cost-cutting measure, IKGH has closed its VIP gaming room at the Sands Cotai Central Casino in Macau, effective August 31, and terminated its agreement with King’s Gaming Promotion Ltd. relating to that facility, as the current Rolling Chip Turnover volume does not warrant the operation of five VIP gaming rooms. IKGH believes the closure of the facility will generate annual overall savings of approximately US$750,000.

In addition, upon the completion of its strategic review, IKGH may further close an additional 1-2 VIP gaming rooms in order to further optimize its operating earnings. IKGH will provide details with respect to any additional expense reductions in due course.

“Given the lack of recovery in the VIP market in Macau and our expectations that this will continue for the foreseeable future, we are currently reviewing our overall operations in Macau in order to ensure their sustainability,” said Mr. Lam Man Pou, Chairman of IKGH. “We expect to take further prudent actions that we believe will be accretive to our earnings per share and to ensure the preservation of our capital as we continue to seek to generate long-term value for our shareholders.”

I received a reply to me email last night without new information.
They don't have a date yet for earnings.
However the implied response is that the previously announced hotel purchase in Korea is still active (closing process)

mentioned in article

Decline in Macau VIP under-reported: Union Gaming
Aug 31, 2016 Newsdesk Latest News, Macau, Top of the deck
http://www.ggrasia.com/decline-in-macau-vip-under-reported-union-gaming/

Macau VIP revenue is “performing worse than the DICJ data suggests,” says a report from brokerage Union Gaming Securities Asia Ltd, referring to the casino gross gaming revenue (GGR) numbers issued by the Gaming Inspection and Coordination Bureau, also known as DICJ. On the other hand, the revenue growth of the mass table games segment has been underestimated, states the institution.

“In second quarter 2016, the real decline in Macau’s VIP market was in excess of 21 percent versus a decline of less than 16 percent per the DICJ,” said analyst Grant Govertsen in his Wednesday report.

But he added: “On the flip side, mass table GGR grew nicely in second quarter 2016, at +4.4 percent, versus the DICJ number that suggested mass was flat.”

The gaming bureau had reported mass market table GGR as having grown by 1.1 percent in the second quarter.

Mr Govertsen suggested the discrepancy between the regulator’s numbers and those of the market was because some operators reported their casino revenue in a different way to the gaming bureau than they did to their investors. He indicated this is likely to be a function of the intersection between the bureau’s definition of VIP gaming and the Macau government’s rules on smoking in casinos.

According to industry sources spoken to by GGRAsia, the gaming bureau classifies VIP gaming not by the presence or absence of a rolling chip programme (i.e., whether there is credit-based play, typically the industry’s way of classifying that product) but by whether the play takes place in an area physically separate from the main gaming floor; and by the minimum bets and maximum payouts allowed at the tables.

The government currently allows tableside smoking in VIP rooms, but not on casino main floors. As many Chinese gamblers like to smoke at the table, it can be in an operator’s interest to ensure an area that would otherwise be “premium mass” (i.e., cash-based play in multiples of thousands of Hong Kong dollars) is dubbed “VIP”.

Mr Govertsen wrote: “For the seventh consecutive quarter following the implementation of the mass market smoking ban, we’ve seen a significant divergence in DICJ reported gaming metrics and the metrics reported by the ‘Big Six’ casino operators. This is a function of some operators reclassifying certain premium mass tables as VIP. Hence, the DICJ reports these revenues in the VIP bucket, while operators reverse the reclassification for reporting purposes and report these revenues as mass.”

Downside risk

His report added: “While we expect the declines in VIP to continue to get less worse through the end of the year, we are still forecasting a decline of 4 percent in VIP GGR for the whole of 2017 and are biased to the downside.”

Union Gaming added that ongoing consolidation in the junket sector – as the better capitalised junkets attract more and more player agents by offering commissions that can’t be matched by the smaller junkets – was likely to have a number of effects on the market.

That would include the ‘Big Three’ junkets – that the report identifies as “Suncity Group, Neptune/Guangdong and Tak Chun Group – getting even bigger; the profit margins of those three being squeezed as they opt for wide market coverage rather than necessarily the most creditworthy and valuable players; and those three nonetheless getting more bargaining power with Macau’s casino operators.

Referring to the recently-opened Cotai property of Wynn Macau Ltd, Mr Govertsent wrote: “Not coincidentally, the only junkets at Wynn Palace are the Big Three and we think the same line-up will be seen at [the] Parisian.” The Parisian Macao, developed by casino operator Sands China Ltd, is due to open on September 13.

Union Gaming added that – more worryingly for Macau – concentration of the junket sector could make it easier for the junkets still standing not only to send players outside Macau without the risk of the gamblers being poached by a rival VIP promoter, but also to give the surviving junkets the heft to become casino operators in their own right outside Macau.

Mr Govertsen stated: “Every conversation we’ve had with junkets eventually turns to regional greenfield or merger and acquisition opportunities. Without exception, junkets big and small are trying to transition to principals and owning/operating their own casinos.”

Imperial Pacific International Holdings Ltd – the promoter of a casino project on the Pacific island of Saipan, and which once had a profit share agreement with Macau junket Hengsheng Group – reported in the first half of 2016 VIP gambling volume “equivalent of 5.4 percent of Macau over the same period,” said Mr Govertsen.

“Suncity is embarking on a large-scale IR [integrated resort] project in central Vietnam and listed junket operator Iao Kun Group Holdings Ltd is acquiring the Jeju Sun casino in [South] Korea. This dynamic continues to represent a real and significant risk to Macau’s VIP story over the near, medium and longer terms,” said Union Gaming.

IKGH was to buy a Hotel in Korea. But doesn't have the cash. They needed financing. So this is an interesting problem.
They certainly can't sell stock now.
So either they have to drop the purchase. Or get a big partner.

IKGH ??

Had my buy order filled at $0.725 average.

If the company was $1.80 pps last year and is down 44%, doesn't that make the target price around $1.00?

Nice can't loose purchase today.

Failed promotion. Opening pop and then the sell off

Interesting business model. This recent low might make it a good buy

They are building it, so they better come ...

http://www.timeout.com.hk/around-town/features/74515/the-10-hottest-hotel-and-resort-openings-in-macau-from-2015-and-onwards.html

The 10 hottest hotel and resort openings in Macau from 2015 and onwards

Battleground: Firms clash on outlook for Macau

Two research firms issued notes to investors this morning with very different views on the outlook for Macau casinos, with Bernstein saying that the region's results probably bottomed last quarter and Wells Fargo predicting that the gaming area's October performance would be worse than previously expected. Casino owners with a significant presence in Macau include Wynn Resorts (WYNN), Las Vegas Sands (LVS), Melco Crown (MPEL) and MGM Resorts (MGM). BULLISH TAKE: Macau casinos probably bottomed last quarter, wrote Bernstein analyst Vitaly Umansky. Following a strong performance by the casinos during a Chinese holiday last week, the region's gross gaming revenue, or GGR, should drop 28%-31% in October, versus the same period a year earlier, the analyst stated. October may be the first month since January in which Macau's GGR will drop less than 30% year-over-year, according to Umansky. Non-VIP GGR will rise year-over-year in December and VIP GGR comps could turn positive in mid-2016, the analyst predicted. After top Chinese officials indicated that they would take steps to boost Macau, Umansky had a mixed view on the impact that potential government stimulus could have on the region's casinos. Past statements of support by government officials have not always translated to improved results for the casinos, but the effectiveness of the government's measures could positively surprise investors, the analyst believes. He kept an Outperform rating on Melco Crown. BEARISH TAKE: After conducting checks, Wells Fargo says that demand for gambling in Macau moderated following the Chinese Golden Week holiday. Wells now expects Macau's GGR to drop 30%-34% this month compared with the same period a year earlier. The firm had previously predicted that the region's GGR would decline 27%-31% this month. Macau's gaming revenues will continue to be pressured for the rest of the year, according to the firm. Eventually, non-VIP revenue will stabilize, but the casinos' recovery will not be "V-shaped," the firm contended. Addressing the outlook for government stimulus, Wells says it believes that the government's promises of support "reflect broad long-term goals, rather than specific stimulus measures." PRICE ACTION: In late morning trading, Wynn dropped 2.3% to $74.16, Las Vegas Sands lost 1% to $46.60, Melco Crown was fractionally lower near $18 and MGM declined 1.5% to to $20.80.

for the month of September 2015 at the company’s VIP rooms in Macau was US$0.40 billion, down 66% year-over-year, compared to US$1.18 billion for the month of September 2014. Win rate for the month of September 2015 was 3.98%.

Great news


The fly

Macau government may soften casino smoking ban, Macau Business says

A Macau official said the government might let casinos keep their smoking rooms if they can show scientific proof that the rooms protected employees and guests from the harm done by tobacco smoke, reported Macau Business. Shares of operators of casinos in the territory are rising following the report, with Las Vegas Sands (LVS) up 2.6%, MGM Resorts (MGM) up 2.75% and Wynn Resorts up 3% in pre-market trading.

Iao Kun Group Holding Company Limited (“IKGH”) (NASDAQ:IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and a collaborator, today announced unaudited Rolling Chip Turnover (as defined below) for the month of June 2015 at the company’s VIP rooms in Macau was US$0.54 billion, down 60% year-over-year, compared to US$1.35 billion for the month of June 2014. Win rate for the month of June 2015 was 2.50%.

For the first six months of 2015, IKGH’s Rolling Chip Turnover was US$3.92 billion (an average of $0.65 billion per month), down 58% year-over-year, compared to US$9.43 billion (an average of $1.57 billion per month) for the first six months of 2014.

$IKGH recent news/filings

bullish

## source: finance.yahoo.com

Tue, 09 Jun 2015 13:30:01 GMT ~ The Zacks Analyst Blog Highlights: MGM Resorts International, Wynn Resorts, Caesars Entertainment and Iao Kun Group Holding - Press Releases


read full: http://finance.yahoo.com/news/zacks-analyst-blog-highlights-mgm-133001550.html
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Mon, 08 Jun 2015 22:11:10 GMT ~ Gambling Stock Roundup: Iao Kun Group Holding's Rolling Chip Turnover Falls; MGM Resorts, Wynn Resorts in Focus - Analyst Blog


read full: http://finance.yahoo.com/news/gambling-stock-roundup-iao-kun-221110868.html
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Wed, 03 Jun 2015 13:18:01 GMT ~ Iao Kun Group Holding (IKGH) in Focus: Stock Surges 15.4% - Tale of the Tape


read full: http://finance.yahoo.com/news/iao-kun-group-holding-ikgh-131801803.html
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Tue, 02 Jun 2015 12:29:05 GMT ~ Iao Kun Group Holding Company Limited Announces Rolling Chip Turnover of US$0.68 Billion for May 2015

[at noodls] - HONG KONG--(BUSINESS WIRE)-- Iao Kun Group Holding Company Limited ('IKGH') (NASDAQ:IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and ...

read full: http://www.noodls.com/view/D3D871AE9D40AE3BBF81FAF38333BF3476665689
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Tue, 02 Jun 2015 12:00:00 GMT ~ Iao Kun Group Holding Company Limited Announces Rolling Chip Turnover of US$0.68 Billion for May 2015

[Business Wire] - HONG KONG--(BUSINESSWIRE)-- Iao Kun Group Holding Company Limited (“IKGH”) (NASDAQ:IKGH - News), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and a collaborator, today announced unaudited Rolling Chip Turnover (as defined below) for the month of May 2015 at the company’s VIP rooms in Macau was US$0.68 billion, down 57% year-over-year, compared to US$1.59 billion for the month of May 2014. For the first five months of 2015, IKGH’s Rolling Chip Turnover was US$3.38 billion (an average of $0.68 billion per month), down 58% year-over-year, compared to US$8.08 billion (an average of $1.62 billion per month) for the first five months of 2014. The Company’s VIP rooms are primarily focused on high stakes baccarat.

read full: http://au.finance.yahoo.com/news/iao-kun-group-holding-company-120000601.html
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$IKGH charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$IKGH company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/IKGH/company-info
Ticker: $IKGH
OTC Market Place: Not Available
CIK code: 0001417754
Company name: Iao Kun Group Holding Co. Ltd.
Incorporated In: Cayman Islands

Business Description:

$IKGH share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

$IKGH extra dd links

Company name: Iao Kun Group Holding Co. Ltd.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=IKGH+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=IKGH+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=IKGH+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/IKGH/news - http://finance.yahoo.com/q/h?s=IKGH+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/IKGH/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/IKGH/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=IKGH+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/IKGH
DTCC (dtcc.com): http://search2.dtcc.com/?q=Iao+Kun+Group+Holding+Co.+Ltd.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Iao+Kun+Group+Holding+Co.+Ltd.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Iao+Kun+Group+Holding+Co.+Ltd.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/IKGH
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001417754&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/IKGH/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/IKGH/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=IKGH&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=IKGH
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/IKGH/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=IKGH+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=IKGH+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=IKGH
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=IKGH
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=IKGH+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/IKGH/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=IKGH+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/IKGH.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=IKGH
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/IKGH/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/IKGH/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/IKGH
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/IKGH
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/IKGH:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=IKGH
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=IKGH



$IKGH DD Notes ~ http://www.ddnotesmaker.com/IKGH

Net income, including the change in fair value of contingent consideration of $13.1 million related to the Bao Li Gaming and Oriental VIP Room acquisitions, was $17.1 million, or $0.28 per share (basic and diluted), for the first quarter of 2015, compared to net income of $3.2 million, or $0.05 per share (basic and diluted), for the same period of 2014.
Non-GAAP income, which is operating income before amortization of intangible assets and the change in fair value of contingent consideration related to the acquisitions of King’s Gaming, Bao Li Gaming and Oriental VIP Room, was $8.1 million, or $0.13 per share (basic and diluted), for the three months ended March 31, 2015, as compared to non-GAAP income of $17.9 million, or $0.29 per share (diluted), for the three months ended March 31, 2014.

The Company today announced the 2014 Annual Dividend will be $0.0169 per ordinary share outstanding to shareholders of record as of June 5, 2015 and that the payment date will be June 22, 2015.

Iao Kun Group Holding Company Limited Announces Rolling Chip Turnover of US$0.50 Billion for April 2015
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Iao Kun Group Holding Company Limited (“IKGH”) (NASDAQ:IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and a collaborator, today announced unaudited Rolling Chip Turnover (as defined below) for the month of April 2015 at the company’s VIP rooms in Macau was US$0.50 billion, down 71% year-over-year, compared to US$1.72 billion for the month of April 2014. Win rate for the month of April 2015 was 3.48%.

For the first four months of 2015, IKGH’s Rolling Chip Turnover was US$2.70 billion (an average of $0.68 billion per month), down 58% year-over-year, compared to US$6.49 billion (an average of $1.62 billion per month) for the first four months of 2014.

Iao Kun Group Holding Company Limited Enters into Memorandum of Understanding for Junket Operator Arrangements at Crown Perth Casino & Crown Melbourne Casino

http://finance.yahoo.com/news/iao-kun-group-holding-company-120000900.html

Iao Kun Group Holding Company Limited (“IKGH”) (IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and collaborator, today announced unaudited financial results for the fourth quarter and the year ended December 31, 2014. All currency amounts are stated in United States dollars. Please refer to the Annual Report on Form 20-F that will be filed with the Securities and Exchange Commission in April 2015 for the full audited financial statements and related disclosures for the year ended December 31, 2014.

Fourth Quarter 2014 and Subsequent Highlights

Rolling Chip Turnover (a metric used by casinos to measure the aggregate amount of players’ bets and overall volume of VIP gaming room business transacted, which is further defined below) for the three months ended December 31, 2014 was $2.9 billion, a decrease of 34% compared to $4.4 billion for the three months ended December 31, 2013.
Net income, including the change in fair value of contingent consideration of $1.8 million related to the King’s Gaming, Bao Li Gaming and Oriental VIP Room acquisitions, was $5.7 million, or $0.09 per share (fully diluted), for the fourth quarter of 2014 compared to a net loss of $5.5 million, or $(0.09) per share (basic and diluted), for the same period of 2013.
Non-GAAP income, which is operating income before amortization of intangible assets and the change in fair value of contingent consideration related to the acquisitions of King’s Gaming, Bao Li Gaming and Oriental VIP Room, was $8.0 million, or $0.13 per share (fully diluted), for the three months ended December 31, 2014 as compared to a non-GAAP loss of $3.5 million, or $(0.06) per share (basic and diluted), for the three months ended December 31, 2013.
In February 2015, the Hong Kong Stock Exchange declared it was unable to proceed with its review of the Company’s Form A1 application and the Company has elected to not continue with the application process at this time.

Fourth Quarter 2014 Results

For the three months ended December 31, 2014, IKGH recorded revenue of $52.3 million, a 4% increase from the same period of 2013, primarily due to a win rate of 3.95% for the three months ended December 31, 2014 (above the statistical average win rate range), compared to a win rate of 2.39% for the three months ended December 31, 2013. The win rate increase was partially offset by (i) slower revenue growth of VIP baccarat, consistent with the overall decline of gaming revenue in Macau; and (ii) the economic downturn and tightening of credit in mainland China, from where the majority of IKGH’s VIP gaming patrons reside.

The increase in net income for the three months ended December 31, 2014 was primarily due to increased revenue, a net decrease to the contingent consideration liability for Bao Li Gaming and the Oriental VIP Room, due primarily to lower share prices, and lower commissions as a result of lower Rolling Chip Turnover, partially offset by higher commission rates offered to non-credit agents. IKGH also incurred higher selling, general and administrative expenses for the three months ended December 31, 2014, primarily due to additional costs associated with IKGH’s application to list on the Hong Kong Stock Exchange.

“In the fourth quarter, we experienced a win rate above the statistical average, which more than offset the impact of the ongoing VIP baccarat volatility and our Rolling Chip Turnover decline from the prior-year quarter,” said Mr. Man Pou Lam (Mr. Lam), Chairman of IKGH. “Despite current Macau VIP market conditions, we remain committed to expanding our presence and market share in the VIP gaming market while continuing to prudently manage our capital to create long-term value for our shareholders.”

Full Year 2014 Highlights

Rolling Chip Turnover for the year ended December 31, 2014 was $16.6 billion, a decrease of 2% compared to $17.0 billion for the year ended December 31, 2013.
Net loss, including the change in fair value of contingent consideration of $60.9 million related to the King’s Gaming, Bao Li Gaming and Oriental VIP Room acquisitions, was $60.1 million, or $(0.99) per share (basic and diluted), for the year ended December 31, 2014 compared to net income of $5.4 million, or $0.10 per share (fully diluted), for the year ended December 31, 2013.
Non-GAAP income was $17.2 million, or $0.28 per share (fully diluted), for the year ended December 31, 2014 compared to $31.0 million, or $0.58 per share (fully diluted), for the year ended December 31, 2013.

Outlook for 2015

For the first two months of 2015, IKGH’s Rolling Chip Turnover was US$1.44 billion (an average of $0.72 billion per month), down 52% year-over-year, compared to US$3.02 billion (an average of $1.51 billion per month) for the first two months of 2014.

The Company is providing 2015 Rolling Chip Turnover guidance for its five existing VIP rooms in Macau of between US$8.5 billion and US$10.0 billion.

Latest Update of Iao Kun Group Holding Company Limited's Application with The Hong Kong Stock Exchange

HONG KONG, Feb. 11, 2015 /PRNewswire/ -- Hong Kong - Iao Kun Group Holding Company Limited ("Company") received a letter from the Hong Kong Stock Exchange (the "Stock Exchange"). Based on the information we provided to the Stock Exchange and the media reports, the letter indicates that, due to the declining financial performance of the Company, the unpredictability of the Company's revenues, the overall market conditions and the near term industrial outlook in Macau, and certain related party payments made to Pak Si (as already disclosed in the Company's public filings), the Stock Exchange is unable to proceed further with the Company's listing application at this time.

Notwithstanding the decision of the Stock Exchange, the Company is financially sound, with a track record of profitability. In connection with its listing application, the Company's financial statements were audited by two well-known global auditors. The management is of the view that the declining financial performance is a temporary setback primarily resulting from slow economic growth in Mainland China, the tightening of our credit extension policy, and the anti-graft campaign launched by the Chinese government in 2014.

While the Group's Non-GAAP income decreased from US$76.1 million in 2011 to US$61.6 million in 2012 and further decreased to US$31.0 million in 2013, the Group's gross gaming revenue remained relatively constant throughout this period (approximately US$250.6 million in 2011, US$236.3 million for 2012 and US$236.9 million for 2013, with an estimate of US$230.0 million for 2014). Overall, Macau VIP gaming revenue decreased by 11% in 2014, and the Company only had a slight decrease in gross gaming revenues of approximately 3%. The Company is still committed to the Macau VIP gaming segment, is in compliance with all relevant laws and regulations and believes that it is among the most financially healthy gaming promoters in Macau.

The Company has sustainable cage capital and a track record of collecting markers receivable, with no record of bad debt expenses in respect of gaming credits granted by the Company. While our reported rolling chip turnover in the last quarter of 2014 decreased by 34.6% compared to the last quarter of 2013, this was mostly attributable to the win rate, which was 3.95%. If we use an industry average win rate of 3%, our normalized rolling chip turnover for the last quarter of 2014 would have increased by 7.9% and this compares favourably to a decrease of 29% for the overall VIP gaming sector in the last quarter of 2014 in Macau.

The management is committed to explore further business expansion opportunities, including but not limited to finding VIP rooms in new locations and strategic investments, in order to maximize the shareholders' return in due course.

Although we were hoping that listing on the Stock Exchange would increase and diversify our shareholder base, we are committed and will strive to achieving those objectives even without such a listing. We believe that our listing on the Nasdaq Stock Market provides us with a suitable platform for achieving those goals.

http://www.prnewswire.com/news-releases/latest-update-of-iao-kun-group-holding-company-limiteds-application-with-the-hong-kong-stock-exchange-300034625.html

Hurdles face junket operator listings, paper says

Posted: 1/29/2015 12:29:22 PM

The mainland’s campaign against corruption is a big obstacle to Macau VIP gaming promoters Iao Kun Group Holdings Co Ltd and Sing Hou Entertainment Group Ltd listing their shares at the Hong Kong Stock Exchange, Apple Daily reports.

The Hong Kong Chinese-language newspaper Apple Daily quotes unidentified sources as saying the campaign raises questions about the business of junket operators because it deters rich mainlanders from showing off their wealth by gambling in Macau.

The sources said there were also doubts about the business model of VIP gaming promoters.

http://www.macaubusiness.com/news/hurdles-face-junket-operator-listings-paper-says.html

Iao Kun Group Holding Company Limited (“IKGH”) (NASDAQ:IKGH), which operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters and collaborator, today announced unaudited Rolling Chip Turnover (as defined below) for the month of December 2014 at the company’s VIP rooms in Macau was US$0.71 billion, down 48% year-over-year, compared to US$1.36 billion for the month of December 2013. Win rate for the month of December 2014 was 4.56%.

For 2014, IKGH’s Rolling Chip Turnover was US$16.60 billion (an average of $1.38 billion per month), down 3% year-over-year, compared to US$17.04 billion (an average of $1.42 billion per month) for 2013.

The Company’s VIP rooms are primarily focused on high stakes baccarat. Baccarat accounts for approximately 88% of total Macau casino winnings according to the Macau Gaming Inspection and Coordination Bureau (DICJ). In Macau, two remuneration methods are used to compensate VIP room gaming promoters. On a fixed commission basis, VIP room gaming promoter revenues are based on an agreed percentage of Rolling Chip Turnover. On a win/loss split basis, the VIP room gaming promoter receives an agreed percentage of the “win” in the VIP gaming room (plus certain incentive allowances), and is required to also bear the same percentage of losses that might be incurred. Compared to the fixed commission basis, the win/loss split basis subjects the VIP room gaming promoter to the risk of losses from the gaming patron’s activity and to greater volatility.

As of September 1, 2012, all IKGH VIP rooms are on a revenue sharing remuneration model.

Govt to require VIP gamblers to have clean records

Posted: 12/29/2014 12:33:16 PM
http://www.macaubusiness.com/news/govt-to-require-vip-gamblers-to-have-clean-records.html

The Gaming Inspection and Coordination Bureau has told VIP gaming promoters that they must certify that their clients have no criminal record before giving them accounts, Business Daily reports.

The newspaper quotes unidentified sources in the gaming business as saying that a notice circulated by the bureau on December 19 says the rule comes into force on January 1.

It quotes one source as saying: “This could really impose a big impact on new VIP gaming clients, especially those from mainland China, as the new measure would mean more inconvenience for them to have an account here to issue commissions or withdraw gaming capital, and they can only rely on local gaming promoters.”

Macau 2014 GGR to go negative on Dec result: Wells Fargo
Dec 29, 2014 Newsdesk

http://www.ggrasia.com/macau-2014-ggr-to-go-negative-on-dec-result-wells-fargo/

"....The deterioration that began in June is viewed as politically influenced and related to mainland China’s anti-corruption crackdown, as VIP players stay away....."




Two-month ‘Thunderbolt 14’ operation concluded
Tuesday, December 30, 2014
http://macaudailytimes.com.mo/two-month-thunderbolt-14-operation-concluded.html

The Unitary Police Service (SPU) has concluded the two-month long anti-crime operation “Thunderbolt 14”, with 539 people being handed to the Public Prosecution Office (MP).
The operation – jointly organized by the police authorities in Macau, Guangdong and Hong Kong – sought to improve regional security. This year, police personnel from the three areas have stressed the need to tackle illegal activities such as triad activities, drug dealing, human trafficking, procuring and money laundering.
The operation in Macau was coordinated by the SPU and was carried out by the Public Security Police and the Judiciary Police. The police authorities have performed a total of 750 inspections on multiple local entertainment premises such as casinos, karaoke bars, Internet cafés, billiard establishments, hotels and hostels, arcades, spas, saunas and nightclubs.
During the operation, the police investigated into 18,600 people and detained 1,582 of them for further investigation. They also discovered 413 criminal cases.
Moreover, after investigation and identification, the authorities deported 827 people. Most of them were deported due to their involvement in criminal activities. There were also individuals who were found to have entered Macau illegally.
When commenting on the success of the operation, the SPU assistant to Commissioner General João Augusto da Rosa said that it has successfully improved the security of Macau, which he said is shown in the fact that there were only minor crimes found during the operation.
Moreover, Mr Augusto da Rosa said that the authorities were unable to compare the figures of the operation this year with that from operation “Thunderbolt 13” in 2013 because the operation this year was carried out for an extra month. “We did not provide the comparison this year because the operation this year has lasted for almost one month longer… We believe that this operation has improved the security of Macau because the police authorities felt that it has been quieter during this Christmas season,” he said. JPL