Iao Kun October rolling chip turnover drops 57 percent

Iao Kun Group Holding said its rolling chip turnover in October dropped 57 percent year-on-year, but improved from the prior month.

Total turnover at the group’s VIP rooms in Macau was $0.47 billion, compared to $1.1 billion the same month last year. The win rate this year was 3.21 percent.

However, the year-on-year drop is better than the 66 percent fall recorded in September and 72 percent for August.

For the first ten months of 2015, IKGH’s Rolling Chip Turnover was $5.67 billion, down 62 percent year-over-year, compared to $14.87 billion for the first ten months of 2014.

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