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Stock Market & Financial Investment News

News Breaks
March 4, 2013
08:45 EDTAERLAsia Entertainment announces February rolling chip turnover of $1.29B
Asia Entertainment & Resources announced unaudited Rolling Chip Turnover for the month of February at the company’s VIP rooms in Macau was $1.29B, down 32% year-over-year, compared to $1.19B for the month of February 2012. This compares with a year-over-year increase in overall gross gaming revenue for Macau of 12% for February 2013. Win rate for the month of February 2013 was 3.54%.
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May 23, 2013
08:15 EDTAERLAsia Entertainment backs view of FY13 non-GAAP income $60M-$75M
The company said, "In view of the tightening of credit to junket agents, the Company maintains its Rolling Chip Turnover guidance for its four existing VIP rooms in Macau of $1.5B per month in the aggregate, which equates to a total of $18B in the aggregate for full year 2013, which is comparable to 2012 results. The Company believes that for the remainder of 2013, all of its business will remain on a revenue sharing basis. The Company maintains its Non-GAAP income guidance for the year ended December 31, 2013 of $60M-$75M based on the current and expected performance of its existing four VIP gaming rooms in Macau, and does not take into consideration any possible future expansion or additional VIP gaming rooms."
08:13 EDTAERLAsia Entertainment reports Q1 EPS 36c, consensus 36c
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May 21, 2013
08:08 EDTAERLAsia Entertainment enters MOU to acquire VIP room at Le Royal Arc Casino
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