Iao Kun Group Says December Rolling Chip Turnover Rises 5% In Macau VIP Rooms

(RTTNews) - Iao Kun Group Holding Company Limited (IKGH) Friday said unaudited Rolling Chip Turnover for the month of December 2013 at the company's VIP rooms in Macau was $1.36 billion, up 5 percent from $1.30 billion for the month of December 2012.

Rolling Chip Turnover is used by casinos to measure the volume of VIP business transacted and represents the aggregate amount of bets players make. Iao Kun operates through its subsidiaries and related promoter companies that act as VIP room gaming promoters.

Win rate for the month of December 2013 was 3.42 percent.

For 2013, IKGH's Rolling Chip Turnover was $17.04 billion, down 7 percent from the previous year's $18.23 billion.