Iao Kun Group RCT up 7 percent, US$1.60b

    Iao Kun Group whose subsidiaries act as VIP room gaming promoters and collaborators, announced unaudited Rolling Chip Turnover of US$1.60 billion for the month of July 2014 at the company’s VIP rooms in Macau, up 7 percent year-over-year, compared to US$1.50 billion for the month of July 2013. Win rate for the month of July 2014 was 2.32 percent. For the first seven months of 2014, IKGH’s RCT was US$11.03 billion (an average of $1.58 billion per month), up 10 percent year-over-year, compared to US$10.04 billion (an average of $1.43 billion per month) for the first seven months of 2013. The Company is primarily focused on high stakes baccarat. IKGH’s VIP rooms can be found at StarWorld Hotel & Casino and Galaxy Macau, Sands Cotai Central, City of Dreams, and Le Royal Arc Casino, located in NAPE, Downtown Macau.