Iao Kun Group Holding Company Limited Announces Name Change to LiNiu Technology Group

New Ticker Symbol “LINU”

Announces Launch of LiNiu Network Platform

HONG KONG–(BUSINESS WIRE)–Iao Kun Group Holding Company Limited (“IKGH” or the “Company”)
(NASDAQ:IKGH), announced today that its shareholders have approved the
name change of the Company to LiNiu Technology Group. Effective April
27, 2017, the Company will commence trading on NASDAQ under its new
ticker symbol of “LINU”, while the stock will no longer be traded under
the symbol of “IKGH”.

Earlier this month, the Company successfully launched the LiNiu Network,
its electronic B2C, C2C and O2O trading platform focused on the Chinese
agricultural industry, at its new website www.liniuyang.com
and via app on the Android mobile operating system. Since its launch,
the site has seen traffic of over 50,000 visitors on a daily basis, with
more than 130,000 users and more than 20,000 suppliers registered, and
over 80,000 products currently sold through the platform. The LiNiu
Network generates revenue through commissions, advertising, management
fees and guarantee deposits.

“We are pleased at the initial reception we’ve received for the LiNiu
Network from both suppliers and customers as we continue to enhance our
platform,” said Mr. Wang Shun Yang, co-Chief Executive Officer of LiNiu
Technology Group. “We also want to thank shareholders for approving our
name change, which we believe better conveys what we are trying to
accomplish as well as our strategic outlook over the long term.”

Forward-Looking Statements

This press release includes forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 that involve risks and uncertainties. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements, based upon the current beliefs and
expectations of the Company’s management, are subject to risks and
uncertainties, which could cause actual results to differ from the
forward-looking statements. Factors that could cause actual results to
differ materially from management’s current expectations include but not
limited to those risks and uncertainties relating to future business
development; ability to maintain the reputation and brand; privacy and
regulatory concerns; competition; security breaches; the continued
growth of the e-commerce market in China; and fluctuations in general
economic and business conditions in China and assumptions underlying or
related to any of the foregoing. The Company expressly disclaims any
obligation or undertaking to release publicly any updates or revisions
to any forward-looking statements contained herein to reflect any change
in our expectations or any changes in events, conditions or
circumstances on which any such statement is based, except as required
by law. Investors and potential investors should consult all of the
information set forth herein and should also refer to the risk factors
set forth in the Company’s Annual Report on Form 20-F to be filed
in April 2017, and other reports filed or to be filed from time-to-time
with the Securities and Exchange Commission.

About LiNiu Technology Group

LiNiu Technology Group (NASDAQ: LINU) recently launched the LiNiu
Network, a B2C, C2C and O2O electronic trading platform focused on the
Chinese agricultural industry. The Company also currently participates
in the promotion of a VIP gaming room at the City of Dreams Macau in
Cotai. For more information on the LiNiu Network, please visit www.liniuyang.com.

Contacts

IKGH
Ryan Yip, +852 2111 9220
ryany@ikghcl.com
or
James
Preissler
preissj@ikghcl.com