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United Kingdom

LiNiu Technology Group (LINU.OQ)

LINU.OQ on NASDAQ Stock Exchange Capital Market

1.56USD
24 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Liniu Technology Says Yip Cheuk Fai Provided Co With Notice Of His Resignation As CFO, Effective Immediately
Friday, 13 Apr 2018 

April 14 (Reuters) - LiNiu Technology Group ::LINIU TECHNOLOGY GROUP SAYS ON APRIL 6, YIP CHEUK FAI PROVIDED CO WITH NOTICE OF HIS RESIGNATION AS CFO, EFFECTIVE IMMEDIATELY - SEC FILING.LINIU TECHNOLOGY GROUP SAYS YIP’S RESIGNED DUE TO HIS DISAGREEMENT WITH SOME MEMBERS OF THE BOARD ON THE STRATEGY AND DIRECTION OF THE COMPANY.  Full Article

Iao Kun Group Holding Co Ltd revises Q2 loss per share $1.99
Friday, 7 Oct 2016 

Iao Kun Group Holding Co Ltd : Revised Q2 loss per share $1.99 . Iao Kun Group Holding Company Limited announces revisions to its second quarter and six months 2016 financial results . Believes there are approximately $21.5 million in markers receivable as of June 30 at an elevated risk of collectability .Revising unaudited results for three, six months ended June 30, 2016 to include non-cash $21.5 million provision for doubtful accounts.  Full Article

Iao Kun Group Q2 loss per share $1.65
Thursday, 22 Sep 2016 

Iao Kun Group Holding Co Ltd : Iao Kun Group Holding Company Limited announces second quarter and six months 2016 financial results . Q2 loss per share $1.65 . Q2 revenue $10.6 million, up 52 percent .Rolling chip turnover for three months ended June 30, 2016 was $0.9 billion, a decrease of 51 percent.  Full Article

Iao Kun Group Holding July rolling chip turnover $0.25 bln
Wednesday, 3 Aug 2016 

Iao Kun Group Holding Co Ltd : Iao Kun Group Holding Company Limited announces rolling chip turnover of US$0.25 billion for July 2016 .Unaudited rolling chip turnover for July 2016 at company's vip rooms in Macau was us$0.25 billion, down 44% year-over-year.  Full Article

Iao Kun Group announces rolling chip turnover of $0.23 bln
Tuesday, 5 Jul 2016 

Iao Kun Group Holding Co Ltd : Iao Kun Group Holding Company Limited announces rolling chip turnover of US$0.23 billion for June 2016 .Win rate for month of June 2016 was 3.24%.  Full Article

Iao Kun Group provides updates on its announced acquisition of Jeju Sun Hotel & Casino
Monday, 27 Jun 2016 

Iao Kun Group Holding Co Ltd : Iao Kun Group Holding Company Limited provides additional details on its announced acquisition of the Jeju Sun Hotel & Casino in Jeju, Korea . Says expects to finalize its funding arrangements for acquisition within next few weeks . Says expects hotel and gaming operations to generate positive cash flow post-acquisition .Says funding structure to be finalized should cause acquisition to be accretive to earnings per share.  Full Article

Iao Kun Group Holding Co to buy Jeju Sun Hotel & Casino
Thursday, 23 Jun 2016 

Iao Kun Group Holding Co Ltd : Iao Kun Group Holding company limited to acquire the Jeju Sun Hotel & Casino In Jeju, Korea . Deal for for KRW117.5 billion in cash . Under terms of agreement, Iao Kun Jeju will acquire 96.23% of outstanding capital stock of Golden Luxury . Intends to finance acquisition through loan and issuance of equity, and transaction expected to close in Q3 of 2016 . Expect current Jeju Sun Hotel management team will remain to continue to run newly renovated property .Indirect unit entered into share purchase agreement with Golden & Luxury Co, Solaire Korea Co Ltd, Bloomberry Resorts Corp.  Full Article

Iao Kun Group Holding Co Q1 loss per share $0.06
Tuesday, 7 Jun 2016 

Iao Kun Group Holding Co Ltd : Maintaining 2016 rolling chip turnover guidance for its five existing vip rooms in Macau of between us$3.5 billion and us$4.5 billion . For three months ended march 31, 2016, IKGH recorded revenue of $17.9 million, a 57% decrease from same period in 2015 . Rolling chip turnover for three months ended march 31, 2016 was $1.2 billion, a decrease of 45% . Non-Gaap income was $0.5 million, or $0.01 per share for three months ended march 31, 2016 . Iao Kun Group Holding Company Limited announces first quarter 2016 financial results .Q1 loss per share $0.06.  Full Article

Iao Kun Group posts May rolling chip turnover of $320 mln
Monday, 6 Jun 2016 

Iao Kun Group Holding Co Ltd : Iao Kun Group Holding Company Limited announces rolling chip turnover of US$0.32 billion for May 2016 .Unaudited rolling chip turnover for may 2016 at its VIP rooms in Macau was US$0.32 billion, down 53% year-over-year.  Full Article

BRIEF-Liniu Technology Says Yip Cheuk Fai Provided Co With Notice Of His Resignation As CFO, Effective Immediately

* LINIU TECHNOLOGY GROUP SAYS ON APRIL 6, YIP CHEUK FAI PROVIDED CO WITH NOTICE OF HIS RESIGNATION AS CFO, EFFECTIVE IMMEDIATELY - SEC FILING