Brief: Iao Kun Q4 earnings per share $0.01

Liniu Technology

04/03/2016 12:00

March 4 (Reuters) - Iao Kun Group Holding Co Ltd  IKGH.O : 
 * Announces fourth quarter and full year 2015 financial results 
 * Q4 earnings per share $0.01 
 * Qtrly ikgh recorded revenue of $19.0 million, a 64% decrease from the same 
   period of 2014 
 * Says "expectation that 2016 will also be a challenging year for vip gaming in 
   Macau" 
 * Rolling chip turnover for the three months ended December 31, 2015 was $1.2 
   billion, a decrease of 57% 
 * Iao kun group holding co -"continue to source additional vip opportunities in 
   overseas markets to allow US to further diversify our revenue streams" 
 * Providing 2016 rolling chip turnover guidance for 5 existing vip rooms in 
   Macau of between US$3.5 billion and US$4.5 billion 
 * Says for first two months of 2016, ikgh's rolling chip turnover was US$0.81 billion, down 44% year-over-year 
 
 * Source text for Eikon  urn:newsml:reuters.com:*:nBw4zc6NBa 
 
 * Further company coverage  IKGH.O  
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