Iao Kun Group Holding Company Limited Announces Rolling Chip Turnover of US$0.50 Billion for April 2015
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Today : Tuesday 5 May 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.
