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February 4, 2013
08:07 EDTAERLAsia Entertainment announces January rolling chip turnover of $1.26B
Asia Entertainment & Resources announced unaudited Rolling Chip Turnover for the month of January at the company’s VIP rooms in Macau was $1.26B, down 26% year-over-year, compared to $1.71B for the month of January 2012. This compares with a year-over-year increase in overall gross gaming revenue for Macau of 7% for January 2013. Win rate for the month of January 2013 was 4.27%. The decline in Rolling Chip Turnover was attributable to the company’s self-directed tightening of credit to agents due to the slowing economy in China.
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