HONG KONG–(BUSINESS WIRE)–Iao Kun Group Holding Company Limited (“IKGH” or the “Company”) (NASDAQ:
IKGH), which operates through its subsidiaries and related promotion
entities that act as VIP room gaming promoters and a collaborator,
previously announced that its Board of Directors had authorized a
regular dividend each year after the release of the Company’s financial
results for the six months ending June 30 (the “Six Month Dividend”).
The Company also previously announced that the Six Month Dividend would
be equal to $0.014 per share.
The Company today announced that the record date for the 2015 Six Month
Dividend will be October 7, 2015, and that the payment date will be
October 19, 2015.
About Iao Kun Group Holding Company Limited
IKGH is a holding company which operates through its subsidiaries and
related promotion entities that act as VIP room gaming promoters and a
collaborator, and is entitled to receive all of the profits of the VIP
gaming promoters and a collaborator from VIP gaming rooms. IKGH’s VIP
room gaming promoters and collaborator currently participate in the
promotion of five major luxury VIP gaming facilities in Macau, China,
the largest gaming market in the world. One VIP gaming room is located
at the top-tier 5-star hotel, the StarWorld Hotel & Casino in
downtown Macau, and another is located in the luxury 5-star hotel, the
Galaxy Macau™ Resort in Cotai, each of which is operated by Galaxy
Casino, S.A. Additional VIP gaming rooms are located at the Sands Cotai
Central and City of Dreams Macau, both in Cotai, and Le Royal Arc
Casino, located in NAPE, Downtown Macau. IKGH recently started trial
operations to the Australian casinos (Crown Perth Casino in Perth,
Australia and the Crown Melbourne Casino in Melbourne, Australia) to
gain a greater understanding of the preferences of its junket agents and
VIP players and the logistics of the market.
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 IKGH’s management, are subject to risks and
uncertainties, which could cause actual results to differ from the
forward looking statements.
For Iao Kun Group Holding Company Limited