Iao Kun’s VIP chip roll dips 72 pct

VIP gambling house investor Iao Kun Group Holding Co Ltd. reported unaudited rolling chip sales in Macau in August, down 72% from a year earlier to $440 million. Its August 2015 win rate, announced on Wednesday, was 4.13%.

Yocoon's business partners promote five high roller facilities in Macau casinos. The company has also begun pilot operations at Crown Perth Casino and Crown Melbourne Casino in Australia, run by Crown Resorts.

Macau's overall gaming revenue (GGR) fell 35.5% year-on-year in August, the Macau government said on Monday. This marked the 15th consecutive month of a year-on-year retreat in the GGR.

Macau's rolling chip sales fell 54% in August, excluding its "Direct VIP" business, according to unofficial industry returns compiled by Deutsche Bank Securities. Direct VIP refers to VIP players who are not brought in by junkets and are managed directly at home.

"August's results have been a setback for the 'less bad' paper, as this month's feature is the continued deterioration of the VIP volume trend and limited positives in the public sector," analysts Carlo Santarelli and Danny Valloy said in a note on Thursday.

Iao Kun's unaudited rolling chip sales fell 62% year-over-year to $4.8 billion in the first eight months of 2015. It averaged $1.57 billion a month in the January-August period, compared with $600 million a month in the January-August period of 2014.

Nasdaq-listed Iao Kun posted a net loss of $23.8 million in the second quarter of 2015, compared with a net loss of $56.7 million in the same period in 2014. Revenue for the period was $21.9 million, down 56% from a year earlier.

The company said it experienced "a downward trend in VIP baccaras consistent with a decline in overall gaming revenue in Macau." 동행복권파워볼

"The company's VIP rooms lost 20% of their customers in the three months to August because some don't have the capital to come and play," Derrick Wong, financial manager at Iao Kun, told Bloomberg News. "They need to wake up and recover now," he added.

Casino host "Survival" casting call

Thousands of Chicago-area residents are expected to participate in a public casting call Tuesday at Hara's casino for the "Survival" TV show.

"We think it's going to be very interesting," said Angela Wise, Harrah's advertising and public relations manager. "Survival is a No. 1 reality show and everyone is interested in the opportunity to earn a million dollars and become a celebrity."

Wise said he submitted Harrah to CBS for review after learning "Survivor" was looking for a casting call location. 파워볼사이트

"We've got a conference room and ballroom space, so I thought Hara's would be perfect," she said. "CBS is only expecting a few hundred people, but I'm expecting a few thousand based on the previous publicity we've had here and the number of calls we've received so far."

Interested participants should bring an application form for the program, which is available on the CBS website. Questions about the application range from three items that a participant will take to a remote location to the craziest thing a participant can do for a million dollars. Participants will be videotaped for two minutes each to prove why they will be the ultimate survivors. The recording will take place from 4 p.m. to 7 p.m.

Once selected as a semi-finalist, you can stay in Los Angeles for up to two weeks, and travel to an unnamed remote location for seven weeks.

"Survival" first went on air in May 2000. In the show, the average 16 Americans are abandoned in a remote location. There, they are divided into teams. Every three days, the teams have to gather to vote for someone from their tribe. The last person left wins a million dollars.

Yggdrasil and Reelplay offer 10,000 Wonders MultiMax

Yggdrasil proudly delivered ReelPlay's latest YGG Masters release 10,000 Wonders MultiMax to its extensive network of operator partners.

Set in the heart of the Arabian desert, adventure and Aladdin's wealth collide in a spectacular sight of wealth and excitement. Reelplay's beautifully presented slot, combined with Igdracil's popular gaming mechanical multimax for potentially unlimited multipliers, offers the chance to win in up to 10,000 ways.

Reelplay's popular bonus respin is triggered when you land six or more lamp scattering symbols. If the player fills all positions during the respin, a total of 10,000 times special bonus will be awarded. In certain countries, players can choose three different purchase options to link directly to the bonus respin. 동행복권파워볼

The 10,000 Wonders MultiMax is the successor to ReelPlay's recently successfully launched Armageddon 10K WAYS, powered by Yggdrasil's state-of-the-art technology, GATI, which enables partners to leverage pre-configured regulatory readiness development toolkits to seamlessly generate and quickly distribute top-notch content.

Zoe Bird, senior product and program manager at Igdracil, said, "The 10,000 Wonders MultiMax presents the much-loved story of Arabian Nights in an engaging slot format, with each victory setting off an explosive winning chain reaction.

"It's a title that allows players to immerse themselves into a fascinating world with its multi-max GEM, which is rich in bonuses and prizes and is popular."

David Johnson, CEO of ReelPlay, added: "10,000 Wonders MultiMax is excited to bring the popular Igdracil IP to the operator partner of Igdracil to players in combination with ReelPlay chips."

Macau's June Big Income Is Lowest Currently

Casino revenues in Macau continue to plummet, raising serious concerns for casinos and shareholders every month. Stenage CRT reports that casinos had a rough month in June, with bulk revenues dropping to 33.3% compared to June 2014. The figures confirm that the drop in revenues in June 2015 was the biggest drop in Macau's casino industry history.

VIP rolling chip sales also fell 52.5% to their lowest level since March 2010. The report also said mass sales were at their lowest level since September 2012. However, amid all the despair and depression the casino industry has experienced over the past 12 months, a ray of hope appears to be on the horizon.

Stern Age CRT confirmed that total gaming revenue (GGR) remained positive for the Macau casino industry in June 2015 at -36.2%, as June received "less bad" results for the fourth consecutive month compared to early 2015. Stern Age CRT analyst David Bain, who wrote the report, said he expects the Macau casino industry to continue to improve and believes this will continue into the end of the year. 홀짝게임

The Macau government recently eased restrictions on visa laws, allowing more mainland Chinese to cross the border into Macau. This is the first time that the Macau government has relaxed any norms for the struggling casino industry. Analysts believe that the Macau government is finally making some modifications to help the casino industry recover. As the Macau government loosened visa laws, the stock prices of most of Macau's major casinos soared, with the rise of Chinese gamblers automatically allowing more business at Macau casinos.

The $2.6 billion expansion of the Galaxy Macau casino has yet to make a significant difference to the market, but David Bain has had encouraging signs for the casino industry and investors believe it will be even more positive. "The Galaxy Mass market share rose from 16.5% to 19.3% in June and May, while VIP rose from 25.5% to 27.1%," David Bain said in a statement. In our view, the results show the new property expansion design dynamics (better suited to the mass than VIP) and the Macau government's table allocation. Investors are optimistic about future improvements due to new supplies, with the summer travel season currently underway, and transfer visas increasing from 5-7 this month."

Sterne Agee CRT estimates that Macau's GGR growth in July will range from about minus 30% to 34%.