Asia Entertainment & Resources Ltd. (NASDAQ:AERL) announced unaudited Rolling Chip Turnove the month of August 2011 at the company's VIP rooms in Macau was US$1.822 billion, up 112% year-over-year compared to US$858 million for the month of August 2010. This compares with a year-over-year increase in gross gaming revenue for Macau of 57% for August 2011. For the first eight months of 2011, AERL's Rolling Chip Turnover was US$12.441 billion (an average of $1.517 billion per month), up 105% year-over-year, compared to US$6.070 billion for the first eight months of 2010. Macau gross gaming revenue increased 47% for the first eight months of 2011.
Asia Entertainment & Resources Ltd., through its subsidiaries, engages in the promotion of VIP gaming rooms in casinos in Macau, China.
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(AERL, ARIA, ONTY, CRWE) Stock in Review by DoubleInStocks.com
September 13th, 2011 at 05:04 pm