Asia Entertainment & Resources Ltd. Changes Name to Iao Kun Group Holding Company Limited and Will Trade Under New Symbol IKGH

  Asia Entertainment & Resources Ltd. Changes Name to Iao Kun Group Holding
  Company Limited and Will Trade Under New Symbol IKGH

Business Wire

HONG KONG -- October 2, 2013

Iao Kun Group Holding Company Limited (“IKGH”) (NASDAQ:IKGH), which operates
through its subsidiaries and related promoter companies as a VIP room gaming
promoter, announced today that, pursuant to the vote of IKGH’s shareholders at
its recent annual meeting, its name has been changed from Asia Entertainment &
Resources Ltd. to Iao Kun Group Holding Company Limited, and that its trading
symbol will be changed from AERL to IKGH effective at the open of trading on
October 2, 2013.

About Iao Kun Group Holding Company Limited

IKGH 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. IKGH'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 IKGH's management, are
subject to risks and uncertainties, which could cause actual results to differ
from the forward looking statements.

Contact:

Iao Kun Group Holding Company Limited
James Preissler, 646-450-8808
or
ICR
William Schmitt, 203-682-8294
william.schmitt@icrinc.com