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Home > (AERL, OII, LTD, TCO, MJGCF) Stocks Report by PennyToBuck.com

(AERL, OII, LTD, TCO, MJGCF) Stocks Report by PennyToBuck.com

November 15th, 2011 at 03:36 pm











Asia Entertainment & Resources Ltd. (NASDAQ: AERL) promotes four VIP gaming rooms in Macau, including one VIP gaming room located at the MGM Grand Macau Casino and one VIP gaming facility located in the Star World Hotel & Casino, downtown Macau; and one VIP gaming room located in the Galaxy Macau Resort and one located at the Venetian Macao-Resort-Hotel in Cotai. Asia Entertainment & Resources, through its subsidiaries, engages in the promotion of VIP gaming rooms in casinos in Macau, China. Asia Entertainment & Resources Ltd. is based in Wanchai, Hong Kong.



Asia Entertainment & Resources Ltd. yesterday announced unaudited financial results for the three and nine months ended September 30, 2011. All currency amounts are stated in United States dollars. Financial Highlights for the Three Months Ended September 30, 2011 include the following. Rolling Chip Turnover for the three months ended September 30, 2011 in the Company’s VIP gaming rooms in Macau was $6.0 billion, up 149% year-over-year, compared to $2.4 billion in the same period of 2010. Revenue for the three months ended September 30, 2011 was $74.4 million, up 161% from $28.5 million in the same period of 2010.

Read full article at : http://pennytobuck.com/?p=17838

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