Asia Entertainment & Resources Ltd. Announces 2013 Annual Meeting
HONG KONG -- September 6, 2013
Asia Entertainment & Resources Ltd. (“AERL”) (NASDAQ:AERL), which operates
through its subsidiaries and related promoter companies that act as VIP room
gaming promoters, announced today that its annual meeting of shareholders will
be held at 11:00 a.m. local time on September 24, 2013, at Iao Kun VIP Club
1/F., East VIP Entrance, Galaxy Macau, Cotai, Macau.
Shareholders of record as of September 6, 2013 (the “Record Date”) will be
invited to attend and to vote on, or submit a proxy to vote on, among other
matters, (A) a proposal to elect three Class C directors, (B) a proposal to
increase the number of ordinary shares that AERL is authorized to issue from
200,000,000 to 500,000,000, (C) a proposal to change AERL’s name to “Iao Kun
Group Holding Company Limited”, and (D) a proposal to ratify the appointment
of UHY LLP as the independent auditor of AERL for the fiscal year ending
December 31, 2013. The full agenda for the annual meeting will be detailed in
the proxy statement to be mailed to all holders of record on the Record Date
of the ordinary shares of AERL.
About Asia Entertainment & Resources Ltd.
AERL is a holding company which operates through its subsidiaries and related
promoter companies that act as VIP room gaming promoters, 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
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.
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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