New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:03 EDTIKGHIao Kun Group annouces rolling chip turnover of $1.72B for April
Iao Kun Group announced unaudited rolling chip turnover for the month of April at the company’s VIP rooms in Macau was $1.72B, up 17% year-over-year, compared to $1.47B for the month of April last year. Win rate for the month of April 2014 was 1.90%. For the first four months of 2014, IKGH’s rolling chip turnover was $6.49B, up 17% year-over-year, compared to $5.55 for the same period last year.
News For IKGH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 20, 2015
08:06 EDTIKGHIao Kun Group enters into MOU for junket operator arrangements
Iao Kun Group Holding Company announced that it has entered into a non-binding memorandum of understanding whereby it will acquire all of the profit interests of Lou Kan Kuong for acting as a junket operator for the Crown Perth Casino in Perth, Australia and for the Crown Melbourne Casino in Melbourne, Australia. The Seller, who is currently an officer of IKGH, recently entered into agreements to act as a junket operator for the Casinos on behalf of IKGH. IKGH expects to close the transaction by mid-May 2015 and to begin generating initial revenues under this agreement shortly thereafter. IKGH is purchasing the interests for nominal value.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use