We are a Cayman Islands exempted company that was incorporated on September 24, 2007 to acquire one or more operating businesses that had principal operations located in the People's Republic of China (including Hong Kong and Macau). On February 2, 2010, we acquired all of the outstanding capital stock of Asia Gaming & Resort Limited (AGRL), a Hong Kong company that, through profit interest agreements between its subsidiaries and affiliated companies known as VIP gaming promoters, receive the profit streams from gaming operations conducted by the VIP gaming promoters. In connection with the acquisition, we changed our name from CS China Acquisition Corp. to Asia Entertainment & Resources Ltd. (AERL). In July, 2010, AERL was listed on the NASDAQ Global Market in the United States (NASDAQ: AERL).
AERL is an investment 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. AERLs 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. The third VIP gaming room is located at the Sands Cotai Central in Cotai which is operated by Las Vegas Sands Corp. The fourth VIP gaming room is located at the City of Dreams Hotel & Casino in Cotai which is operated by Melco Crown Entertainment Limited.
May 17, 2013
Asia Entertainment & Resources Ltd. to Announce First Quarter 2013 Results on Thursday, May 23, 2013
May 6, 2013
Asia Entertainment & Resources Ltd. Announces Rolling Chip Turnover of US$1.47 Billion for April 2013
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May 23, 2013 at 11:00 AM ET
Asia Entertainment & Resources Ltd. First Quarter 2013 Earnings