IKGH sees $230 million in rolling chip turnover in June

VIP gaming promoter Iao Kun Group Holding Company Ltd announced its unaudited rolling chip turnover for the month of June 2016 was US$230 million, down 58 percent year-on-year.

In comparison, the gaming promoter reported rolling chip turnover of $540 million in June 2015.

IKGH rolling chip turnover for the first six months of 2016 was down 47 percent year-on-year to $2.1 billion.

IKGH currently operates five major luxury gaming facilities in Macau including StarWorld Hotel & Casino, the Galaxy Macau, Sands Cotai Central, City of Dreams Macau and Le Royal Arc Casino.

The VIP promoter recently also started trial operations to the Australian casinos (Crown Perth Casino and Crown Melbourne Casino) to gain a greater understanding of the preferences of its junket agents and VIP players and the logistics of the market.