Saturday, August 13, 2022

Iao Kun rolling chip turnover down 68 percent in November


Iao Kun Group Holding Company Limited announced a 68 percent year-over-year drop on rolling chip turnover for November compared to US$1.05 billion for the same month last year. 

The company’s unaudited reports put win rate for last month at 3.62 percent. 

Rolling chip turnover for the first 11 months of 2015 reached $6 billion, representing a 62 percent drop YoY compared to $15.92 billion between January and November of 2014.

Iao Kun has recently said it is looking for further opportunities for overseas expansion after reporting that its Q3 revenue halved as VIP revenue from Macau shriveled.

 

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