Asia Entertainment & Resources Ltd. Announces Move of VIP Room at Venetian
Macao-Resort-Hotel to Sands Cotai Central
HONG KONG -- February 8, 2013
Asia Entertainment & Resources Ltd. (“AERL”) (NASDAQ: AERL), which operates
through its subsidiaries and related promoter companies as a VIP room gaming
promoter, today announced that it has moved its VIP room formerly at the
Venetian Macao-Resort-Hotel to a new room at the Sands Cotai Central. The new
VIP room has three tables plus a private room for a total of four tables.
“We appreciate working with the Venetian Macao-Resort-Hotel over the last
couple of years and we are very excited about continuing our relationship with
Sands China at their Sands Cotai Central casino,” said AERL Chairman Lam. “The
new VIP room should enhance our ability to better serve our existing
customers, and ultimately providing our shareholders with long-term value.”
About Asia Entertainment & Resources Ltd.
AERL is a holding company which operates through its subsidiaries and related
promoter companies as a VIP room gaming promoter, and is entitled to receive
all of the profits of the VIP gaming promoters from VIP gaming rooms. AERL's
VIP room gaming promoters currently participate in the promotion of four 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 Star
World 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.
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 AERL's management, are
subject to risks and uncertainties, which could cause actual results to differ
from the forward looking statements.
Asia Entertainment & Resources Ltd.
James Preissler, 646-450-8808
William Schmitt, 203-682-8294
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